I mentioned yesterday that “this is quickly turning into another assault on 12k”, well further progress is visible today and futures is only 60 points off that major milestone right now. We’re above both previous highs (March 19th and October 17th)...
Strong day yesterday with the auction failing to close any of the gap from open. At its peak, the gains were over 200 points on futures and this is quickly turning into another assault on 12k. The last attempt was heavily rejected after a strong rally, so sellers are...
There are two different ways that traders study the market. We refer to these two methods as Fundamental Analysis and Technical Analysis. In this very short technical analysis introduction article, I want to help you understand the differences. So this article is a...
The DAX has printed ten consecutive higher highs on the daily chart and now, as we run into a significant high from December, is the rally running out of steam? If so, where can we reasonably expect for prices to pull back to? Let’s start by taking a look in the...
Dax Overview The DAX is technically bearish below 10683, which is the high printed on 20th December. However, the 10488 low on the same day has not been broken and the 10497 low from the 21st December appears to be a failed lower low. This would indicate a...
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