DAX: Retesting 18,200

Seeing $DAX retest the 18,200 level again after dipping lower late last week. This has been a pretty strong resistance recently. If it can't hold above 18,200 for long, or if it pulls back to 18,000 again, we might see selling pressure return.

However, if it can break through 18,200 and hold above it consistently, we might see improved momentum. The next target would likely be 18,350-18,400. The risk is if the price drops back below 17,950, we might need to change our outlook.