The German index fell during the day on Tuesday, but still has plenty of bullish pressure underneath it to keep the market going forward. If we can break
The German index fell during the day on Tuesday, but still has plenty of bullish pressure underneath it to keep the market going forward. If we can break above the recent highs, the market could very well continue to go much higher. Selling isn’t even a thought, and as a result I am waiting to either get a break out above the €10,500 level, or a supportive candle underneath that could push this market to the upside. At this point in time, there is no reason whatsoever that I concede to start selling the DAX as it looks so healthy.
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.
