DAX: Outside- UP Day Friday says another run @ the Highs.
DAX Daily Chart @ Close 06/07/2013
Whilst the US Indices have not been so pronounced in Signaling a potential run back to the Highs; the German DAX (& CAC40) have both 'said' as much.
S&P500 Resistance @ 1653 (61.8% retrace of the losses from 1687/ 1598) defines how close we 'go' in testing 1687.....or even New Highs to frustrate the recent Put Buying crowd?