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Thursday, November 10, 2011

Horizontal support breaks on DAX, what next ?

   The Dax broke horizontal support this morning, looks like we are in for some serious downward action.Next logical target is the 5140 area wich is some 540 points lower.
Now that we know we should move much lower, the question is how are we going to get there.With all the late italian monster volatility  is this going to be the perfect opportunity ?

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