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Lucas: Bullish on the Dax and here's why

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Steve Lucas from 3c Analysis is plotting a bullish trade in the Dax. August's sell-off saw the index drop by around 20% but Steve believes the signals now indicate a recovery.

Expecting a bullish gap opening, Steve plans to buy at the market and a setback to 10310 but adds that the moving averages have to be broken in order to prove that the August sell-off was temporary. 

Buy at the market
Buying setback to 10310
Stop: 10250
Target: 10495 10674.5