• DAX index declined once again after showing a minor pullback. The decline was mainly due to huge sell off in technology stocks in U.S. NASDAQ dropped almost 3% as shares of Apple and Amazon declined. US markets pared its gains made on Monday. Dow and S&P500 closed at 23857 (1.43% lower)/2612 (1.73% lower). S&P500 futures is trading flat after a minor decline yesterday is at 2601 0.33% lower. Asian stock indices trading weak following footsteps of US market.
   
• DAX index hits low of 11805 and shown a minor jump and any major weakness can be seen below 11705 low made on Mar 26th 2018.                            
• The minor bullishness can be seen only if it breaks 12000 and any close above will take the index to next level till 12256 (61.8% fibo)/12480. It should break above 12715 for further bullishness.
   
• On the lower side, near term major support is around 11800 and any close below will drag the index till 11400/11000.The minor support is around 12000.
  
  It is good to buy on dips around 11900-925 with SL around 11700 for the TP of 12250/12400.