/ 

Sep 11

TECHNICAL ANALYSIS BY NSFX 11.09.2013

By:

High:  Low: 

The German index after yesterday gap is struggling to go above static resistance at 8460. The double top at 8546 is not far. Given the slope of this rally, price could reach 8700 before to make a parabolic pullback. First support is in area 8316, the gap up level.  Very important area 8085, below triggered stop losses could bring price in a short time frame to 8000.

R3
R2
R1
S1
S2
S3