DAX
The price is rallying for the third straight day and probes above 10900 barrier, after Tuesday’s close above former strong resistances (multi-month congestion tops) at 10800 zone.
Bulls are approaching next target at 10948 (Fibo 138.2% projection) and could extend to 11042 (Fibo 161.8% projection).
Bullish technicals support scenario, as strong bullish signal has been generated on break above 10800 barrier.
Session low at 10843 now acts as initial support, followed by strong 10800 zone (former breakpoint) which should ideally contain dips.

Res: 10948; 10983; 11042; 11194
Sup: 10843; 10800; 10737; 10663

FTSE100
FTSE price rallies for the third straight day and is on track to fully retrace 6872/6675 downleg.
Barrier at 6872 (23 Nov high) is reinforced by daily 55SMA and firm break here could trigger upside extension towards Fibonacci projections at 6950 and 7000.
Daily studies are turning to bullish setup and underpin, however, hesitation at 6872 barrier cannot be ruled out.
Broken 100SMA offers initial support at 6820, with daily Tenkan-sen at 6763, expected to contain extend downticks.
Res: 6872; 6900; 6950; 7000
Sup: 6820; 6794; 6763; 6737

NASDAQ
Near-term recovery from 4701 (4897/4701 pullback low) stay for now capped at 4795, just under daily Tenkan-sen / 50% retracement at 4799.
Plethora of strong resistances lies at 4800 zone and could limit recovery action. The notion is supported by negative daily studies and bearish momentum building up.
However, signals of recovery stall require confirmation. Return below 4759 (Fibo 38.2% of 4701/4795 rally) would generate initial bearish signal for further weakness towards next trigger at 4736 (Fibo 61.8%).
Conversely, sustained break above 4800 barrier would signal bullish resumption and expose next targets at 4822 and 4850, which guard key 4897 barrier.
Res: 4800; 4822; 4850; 4897
Sup: 4782; 4759; 4736; 4723

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