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DAX breaks major support around 9250, decline till 8925 is possible

Monday, February 8, 2016 6:12 AM UTC

Major support 9250 (Jan 20th low)
Major intraday Resistance -9501 (20 day 4HMA)
The index has broken major support 9250 and declined till 9225. It has closed around 9247.
Any break below 9250 will drag the index down till 9126/8925.
On the higher side any above major intraday resistance 9501 will take the index till 9577/9625/9655.

It is good to sell around 9250-9300 with Sl around 9450 for the TP of 9000/8925

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DAX breaks major support around 9250, decline till 8925 is possible

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