Equities slide as global uncertainties keep investors on their toes. The Dax 40 found support at the base of the bullish breakout (12000) from earlier this month. 12600 near the top of a previous rebound is a key resistance. Its breach would signal strong buying interest and trigger a bounce in the short-term. Otherwise, the market would remain cautious and the bears may double down for lack of opposition. A revisit of 12000 could put the current rebound at risk and extend losses to a two-year low at 11400.
