YaKa

DAX - What to expect in the next few weeks

FX:GER30   DAX Index
485 3 12
,
There will be a catalyst today when MDraghi speaks at 130pm GMT.

The conference has a surprise negative skew.

My reading is he has done everything he could.

Any surprise can only be negative at this stage.
+2 Reply
Same posture than Sep14 when Draghi was expected to annoucne a QE
snapshot
+1 Reply
The cliff climbed.
Dax correction confirmation at 2100 vertically.
This level can easily be breached before the end of the week and open down for af ew weeks.
snapshot
+1 Reply
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