DAX brief update

On April 23th I wrote: «Dax June 13 has rallied smartly, momentum has shifted decisively to the upside. Market is open for more upside in coming days/weeks, targets are above 8100» 

Today, Dax June 13 has hit the first stipulated target — 8100, a wooping 600+ points gain in just eight days. Rally doesn't look finished, but quite over-extended in the short-term, so I think it worths to take 1/2 chips out of the table.

Stay tuned.