fxtechtrader
Short

DAX support.

FX:GER30   The DAX Index
23 1 0
Further selling expected.
AGREE .....kicker reversal on DAX was the clue (DAILY), but did not show up on Ger30. Germany has fiscal strength, but cannot and should not have to carry Europe... and with geo-political events ripping... could be much more whipsaw after 9000 goes. EU economic structure cannot handle a slice in the gut right now and the threat may cause a selloff of 2011 proportions if thing get out of hand.. that said interest rates low and EU QE possible... bounces could also be energetic after a sell down.
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