DAX:
- DAX has made a temporary bottom around 9808 and started to recover from that level. It is currently trading around 99204.
- The minor resistance is around 10050 and any break above 10050 will take the DAX to next level 10350/ major resistance is around 10610.
- The index major support is around 9800 and break below targets 9500/9250
It is good to buy at dips around 9900 with SL around 9800 for the TP of 10340/10490
UK FTSE 100:
- FTSE 100 has once again recovered after making a low of 5875 . Short term trend is still bullish as long as support 5850 holds.
- On the higher side major resistance is around 5985 and any break above 5985 will take the index till 6060/6100/6140.
- The pair's major support is around 5850 and break below targets 5800/5768.
It is good to buy at dips around 5920 with SL around 5850 for the TP of 6060/6130
France CAC Index:
- CAC has recovered after making a low of 4287. It is currently trading at 4369.
- On the higher side minor resistance is around 4385 and any break above 4385 will take the index to next level reversal only above 4750.
- The index support is at 4300 and below that level will target 4270/4225.
It is good to buy at dips around 4300 with SL around 4200 for the TP of 4430/4485.
