DAX
Dax moved lower on Thursday, following previous day’s Doji that signaled indecision after recovery attempts were capped under 1.0700 barrier.
The price is pressuring already cracked strong supports at 10600 zone, for firm break lower and extension of pullback from 10796 high.
Fresh bearish acceleration may extend to initial support and pivot at 10500 (Fibo 38.2% of 10020/10796 rally) below which to look for 10400 (50% retracement).
Initial resistance lies at 10624, with daily Tenkan-sen at 10654 expected to cap upticks.
Conversely, firm break above 10700 will be bullish.

Res: 10624; 10654; 10690; 10772
Sup: 10535; 10500; 10455; 10400

FTSE100
Today’s price action is in red on, following Wednesday’s strong upside rejection at 6844, on false break above daily Tenkan-sen line at 6799.
Yesterday’s daily candle with long upper shadow weighs on n/t action that probes below daily Kijun-sen at 6737, for confirmation of bearish resumption on break lower.
Focus is at 6720 base and 6697 (11 Nov low).
Upticks are expected to ideally hold below daily Tenkan-sen line and maintain negative tone.

Res: 6789; 6799; 6816; 6844
Sup: 6735; 6720; 6697; 6678
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