Another supports failed on DAX. Session opened with 100 pts bearish gap and during whole session volatility was smaller than 100 pts. US index S&P500 also moved away from 2,100 pts but bullish scenario is still more probable over there.
DAX looks much worse and it is hard to expect that Wednesday’s FED will bring change of sentiment. Volume looks also negative, it is higher during decreases.
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Situation looks really bad on the chart, 9,800-9,760 pts area was broken. Currently DAX future reached 9,600 pts support area and it is also seen on the weekly chart. If this level will be broken next decreases will come fast and their targets will be supports at 9,440 pts and 9,300 pts.
