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German DAX trending higher Daily Insight
Commentary:
Monday - German Industrial Production m/m beats forecast this follows Friday’s strong September factory orders data
German DAX +12% since October 13th
Higher tops and higher bottoms on price indicates short term uptrend taking shape (daily chart) , however resista
Time to go shortThe DAX has shown strength in recent days and had a short uptrend. Now I think we will get other times. The rise in interest rates will in future weigh on several of the large companies. Many are waiting for a large giant to collapse and create an earthquake in the financial markets. My guess is tha
Bullish technical conditions Looking ahead - ECB interest rate decision tomorrow
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: Bull
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