The DAX initially fell during the day on Tuesday, but then shot much higher as it looks like we are reaching towards the €12,000 level. The massive green
The DAX initially fell during the day on Tuesday, but then shot much higher as it looks like we are reaching towards the €12,000 level. The massive green candle suggests that the DAX will continue to lead the way for the rest of the European Union, so quite frankly if you do not have any opportunity to play this market due to the fact that you are late, you could look to other European indices as they tend to follow the DAX. Either way, there’s no way to sell this market and I believe that the pullbacks that will come on short-term charts should offer buying opportunities.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
