DAX is testing the 250 as Supp. level.
12.235 = -1.5% level
If broken 200>170 =-2.0% zone next down trgt.
First few DAX CFDs bought @ 260 (CFDs 10p higher then Futs)
Buy orders down to 180
We have to wait what the US will do later, but DAX is doing its own thing now.
If US pops Today, the DAX will recover a little up to 300. Maybe 350, what I doubt.
If the US also drops Today the DAX will continue going down to -2.0% likely.
Don't fight. Market is always right
12.235 = -1.5% level
If broken 200>170 =-2.0% zone next down trgt.
First few DAX CFDs bought @ 260 (CFDs 10p higher then Futs)
Buy orders down to 180
We have to wait what the US will do later, but DAX is doing its own thing now.
If US pops Today, the DAX will recover a little up to 300. Maybe 350, what I doubt.
If the US also drops Today the DAX will continue going down to -2.0% likely.
Don't fight. Market is always right
"It's better to be out wishing to be in... than to be in wishing to be out!
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