Xetra Dax Rebounded from a major cloud chart support zone 12017! Upside resistance targets 12713/12905/13168 for the Q4 rally!

 Xetra Dax Rebounded from a major cloud chart support zone 12017! Upside resistance targets 12713/12905/13168 for the Q4 rally!

Xetra Dax managed to find support at the front end of the monthly cloud chart level of 12264/12017! Upside resistance zones 13318/13940!

On the daily cloud chart key resistance zones are turning line of the cloud at 12713 then towards the top end of the front end of the cloud at 12905/13168. A relief rally in an over bearish cloud chart!