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FxWirePro-Silver Daily Outlook 
- DAX index was consolidating after hitting high of 12535 and closed yesterday at 12426 0.25% higher. US markets was closed slightly on the higher side with Dow (0.66% higher) and S&P500 (0.10% higher. S&P500 futures continuing its yesterday upside momentum and is trading at 2718 0.27% higher. Asian stock indices are trading higher on the footsteps of US markets.
- DAX index was trading flat in this week moved only 320 points from the low of 12215 and has closed yesterday at 12425.
- The minor bullishness can be seen only if it closes above 12660 (233- day MA) and any close above will take the index to next level till 12890/13050 (100- day MA). It should break above 13600 for further bullishness.
- On the lower side, near term major support is around 11800 and any break below will drag the index till 11400/11000.The minor support is around 12000.
It is good to buy on dips around 12200-250 with SL around 12000 for the TP of 12660/13000.
