Dax - 4 Hourly

The DAX looks to roll over back towards support, before another potential push higher.

From a technical aspect the DAX remains in an uptrend, however, in the short term, it looks as if though it could roll over towards the 20-period moving average at 13,021 followed by a retest of the 50-period moving average and support line at 12,850-12,870. Further declines from here could see the outlook turn more bearish, however, if support holds then it could provide another long position at a lower better value. MACD is currently rolling over and turning negative, with RSI turning lower but still reading 58.