Chart of The Day $DAX 5-23-2017

On the DAX daily chart, we can see that the instrument is below the 12750 level which could lead to a downside reversal into 12500 key level test for a continuation down into 12075. Only the daily close above the 12860 level will invalidate the downside scenario.

 DAX trend following strategy

 

Happy trading! (click on the chart to enlarge it)

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