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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
