DAX -Long term trend-long.Average movement-long,short term correction to support levels at 12180.
Short term correction in force,no indicator signal for new ascending impulse.Waiting for correction development.
Attention around support levels at 12180,where looking for new Buy signal.
Signal may give :
RSI above 50 or new higher top of MACD or DeM.
For more risky traders,current levels give a Buy option,but we prefer more clear signal for Buy.The reason is that today the market is low liquid,expecting data for retail sales at 15.30 and financial statements of JP Morgan and Wells Fargo before US session.