DAX we identified as a short on simple idea of selling pre-Brexit high and gap fill. Price has remained sticky with neither the Fed, BOJ or the woeful US GDP giving it much reason to move. The 50 HR MA has come into play, underlying the current upmove and a break below this would would signal further decline.
10270 sits as main support, below here 10,000 opens up and is expected to be a tough nut to crack on the back of the bullish sentiment currently being seen.
10270 sits as main support, below here 10,000 opens up and is expected to be a tough nut to crack on the back of the bullish sentiment currently being seen.