DAX: Near a 1M Higher Low and Support.

The 1W Channel Down (RSI = 36.444, MACD = -236.700, Highs/Lows = -537.4643, B/BP = -1239.0620) eventually broke the 11,725.30 support and led DAX near its Monthly support zone of 11,200 - 11,400. Those levels are also a potential Higher Low array on the long term 1M (monthly) Channel Up (RSI = 45.274, MACD = 241.600) that started in March 2009. A moderate medium term target would be 12,000 and 12,100.