Here's the chart for the futures on the Deutsche Boerse AG German Stock Index (DAX):
Declines have stopped just below the 13,000 level a half-dozen times but contra the appearance of support, old-timey chartmeisters believe each revisit of a level actually weakens said support by absorbing any willing buying so that on one of the "tests" the buyers have spent all their money and the line on the chart drops vertically until the ancient tribe of volk known as the "knife-catchers" step up to purchase.
Here's a longer-term view of the DAX with an example of the 13,000 level not really being support:
If I were a betting man I would bet support doesn't support.
Futures 12,992 down 41.00.
