Dax Daily Market Summary 12/11/2014 Bearish day today and there are a number of reasons for us to see the start of a large correction over the next week or so. I am still looking for confirmation but this is what the technicals seem to be spelling out. We broke the...
Dax Daily Market Summary We had a gap open today, much smaller volume than normal for reasons we know, we closed the gap and formed a doji. Other major markets are looking a little ‘toppy’ and because of this (and that I couldn’t take half of my...
Final update for Dax Midday Update We are ranging today, although the volume profile is giving us a strong P Price is trading on the vwap and has yet to break below the naked vpoc. If this is just a period of consolidation then I will take that, but I am starting...
DAX final summary Prediction correct today. We experienced a pull-back, perhaps the start of a correction, but more likely just a pull-back. NFP missed it’s expected print and tensions rise in Ukraine as convey of tanks enter from Russia. The top 6 companies...
What’s being said in Germany Commerzbank analyst Ulrich Leuchtmann wrote today the ECB has now formed a working group to prepare further measures. The theoretical possibility was discussed, but now it is clear that they will soon have a plan in the bag, which...
So Draghi is again pledging his commitment to the bolstering of the central bank’s balance sheet which has cheered investors in Germany and given the much needed catalyst to burst through the significant overhead resistance we discussed this morning. The...
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