On Wednesday there were big gains and yesterday there was bearish correction. German index was in top in the ranking of biggest decreases, it ended with -1.57% fall. French CAC40 -0.65%, British FTSE100 gained 0.18%. The rest of German indices: MDAX -0.52%, TECDAX -1.18%, SDAX +0.16%. 26 of DAX30 companies lost some value, the most: Deutsche Telekom -5.23%, RWE -3.81%, Vonovia -2.78%, BASF -2.72%. 4 companies gained, the most K+S: +3.39% and Deutsche Bank +1.10%.
Yesterday’s session started with 116 pts gain but then DAX was just falling. In the end on the daily chart we can see bearish candle with over 300 pts decrease and small wicks. The closest supports are at 9,490, 9,380 and 9,320 pts, the closest resistances at 9,710, 9,780 and 9,880 pts.
