cause this is going against the trend...Might mke some $$ on shorts but would be hard and little the dax is buy MKT all year
Classic move would be stop loss hunting beneath yesterdays´ lows...maybe some good old-fashioned DAX traders preparing for it...
Some wild moves in the morning in DAX. Good luck on the shorts, looks like the risk/reward setup is way better now than a week ago. Market looks nervous...
but perhaps not better than day before yesterday , world markets could be basing for another run. I am not bearish right now, neutralish for the time being.
Well, we retreated exactly from BAS 60 min ( 20,2,2) "resistance", have touched some Bollinger Support ( daily ) at 7698 / 7700 over here, maybe bouncin back to 60 min BAS ( 20,2,2) ...( 7780 /7783 area)..The quant guys must have fun today