hungry_hippo

FDAX Update

EUREX:FDAX1!   DAX Futures
3 hr indicators are neutral, seemed bullish this morning but there's a chance that it back tests support and drops down again. Remember, old support is new resistance. The Euros know they are headed into a recession.

US market seems bullish on this technical bounce, but gap direction tomorrow is a crap shoot.

No position, just watching the market and looking for new stocks to play with. My favorite bull plays are dead.
Comment:
So today's rally was brought to you by England doing QE. That's actually bad news, puts more pressure on ECB to raise rates to prevent more inflation. England is on the path to Turkey like hyperinflation, lol.

Europe comes crashing down when reality hits.
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