As expected beginning of yesterday’s session belonged to bulls. It started with bullish gap and strong candle during first quarter of session. Gains were helped additionally by German industrial production data which was better than expected.
Good sentiment stays also in the US what pushes German index up. S&P500 ended session on 2,119 pts, just 13 pts lower than historical high. Daily candle on S&P500 doesn’t look good because bearish pin bar showed up. Maybe there will be some depreciation of the index nut it shouldn’t be strong.
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DAX future didn’t manage to break 10,275 pts resistance but if positive situation will stay, gains should be continued. After break of resistance next one is at 10,360 pts and then 10,500 pts.
