Tuesday session was not successful for the US stock indices, which however, has not affected the German DAX. While the main index ended the session with flat increases (DAX30 +0.11%), the MDAX has been in a much better condition (+0.58%). During yesterday session 16 of all DAX30 companies were gaining (Continental +5.72%) – 14 others found itself on the other side of the barricade (the biggest loser became Lufthansa with -3.46% at daily close).

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On Wednesday morning the contracts brake above 11500pts., which would mean a denial of bearish Gartley pattern, but we have still to wait for a potential drawback. 11580pts. coincide with bullish channel upper limit, which may be drawn using last highs – vicinity of this level may induce decreases.

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