Another disappointing DAX session. Investor were clearly scared of negative DAX candle. When S&P500 futures started to lose DAX overreacted. As a result there was no bulls activity yesterday. In the meantime S&P500 despite morning decrease of futures all session was on the green side and ended session with score +0.33% at 2,120 pts (really close to historical highs).
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On DAX chart we can see failed try of breaking 10,275 pts and index is stuck between support at 10,100 pts and resistance at 10,275 pts. As long as one of these levels will not be broken we can expect another longer consolidation.
