Xetra Dax: Make or break week at this resistance zone!

Xetra Dax: Make or break week at this resistance zone! The DAX is just above an the old cloud chart resistance zone of 12405! Critical for the index to remain above the support level. If support fails here, we heading back down to 12202 front cloud chart support zone!

So far so good the index is up more than 400 points since the rebound from cloud chart support at the top end of the cloud in early October.