DAX eyes 11,400
The price finds itself on the up yet again, but it has yet to push through the 10,800 area that would signal a new breakout is underway.
If this is achieved then we look towards 11,000 and onwards to the late November highs near 11,400.
A failure to push on brings support for the DAX around 10,430 and then 10,300 into play.
Dow could reach 17,800
The US staged a good recovery last night, with futures moving higher this morning as well.
While there may be some resistance around 17,500, the next target for the Dow Jones is 17,652, and then on towards 17,800, the 17 December high.
A breakout from here would head towards 18,000. Support is possible around 17,376 and then 17,275.