On Tuesday DAX ended day in the same place it started session, on the chart we could saw pattern looking like bearish Doji star. For now both S&P500 and EURUSD supports gains on German index. For all day DAX moved in narrow rrange less than 100 pts, it is not common, we should expect some dynamic moves in the nearest future. The question is: in which direction?

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German indices on Tuesday didn’t change much: DAX 0.0%, MDAX -0.36%, SDAX -0.26%, TECDAX -0.06%. 11 out of 30 DAX companies gained, 2 didn’t change value and 17 lost. For another time Volkswagen was the center of attention after accusation that more engines had faked test results. Company lost -.51% of value. Even more lost semiconductor manufacture – Infineon – after an information that company plans to buy his competitor Fairchild. This transaction can be unprofitable and in the end Infineon decreased 3.63%. On the other side K+S gained yesterday 4.35% after really good recommendation of Commerzbank.

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