The DAX initially tried to rally during the course of the week, but you
can see that the €9300 level has in fact offered a bit of resistance
that the market is currently trying to deal with. The failure to get
above there has produced a shooting star though, and that is in fact a
relatively negative sign. We believe that the €9000 level below is
rather supportive though, so we need to clear at least that, if not the
€8900 level to begin selling. On a break above the top of the shooting
star, that is obviously a very bullish sign.
