The biggest volatility on DAX happened in first three hours of trading. Despite EU PMI data this volatility was connected with S&P500 behaviour. In the end both on DAX and S&P500 nothing new happened.
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Situation on chart didn’t changed. DAX is still inside weekly Inside Bar and S&P500 still respects 2,040-2,020 pts support. DAX broke below bullish channel. We will see if bears will be strong enough to move it more down.
