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DAX presses higher

Gann Theory suggests further gains for the DAX
August 15, 2012

As I forecast, the DAX has made it up to 6900, but there is more to come, says Warren Firth at www.globalprimepartners.com.au.

The short-term trading Gann-Theory derived target now becomes 7115 and I am keeping my long position running. There are numerous resistance levels clustered between 7115 and 7178, so the price may well pause or retreat around there. Stop-losses should only be activated on a sustained drop through 6400.