Dax surely going lower, and I would say the H4 100sma @ 11,160 is a pretty good target to aim for. Currently straddling m30 200ema support but this should break, though the London boys may well lift it off the open, if not before, only to sell it down again, though I don't think it'll retrace much, perhaps only as far as the 1m 200ema, though we'll have to see as you never really know what it's going to do at the London open. I never look at Dow this early as for me the London session is all about the Dax.