Tomorrow: 12:15 GMT European Central Bank (ECB) meeting takes place where a +0.75% (75 basis point) increase is expected
Market movers:
German DAX testing resistance opening up the potential for a further upside advance?
DAX Index: Bullish technical conditions in the very short-term following the reversal from the 11,829 low, the reversal signals the index may have entered a “corrective” cycle and if proven true places 13,144 at key resistance and 13,721 as prospective upside targets for longs with stops at 12,893.
Not investment advice. Past performance is not indicative of future results.