The German index gapped higher at the open on Friday, showing strength yet again. I believe that the DAX continues to find massive support underneath and
The German index gapped higher at the open on Friday, showing strength yet again. I believe that the DAX continues to find massive support underneath and should continue to go much higher levels. Because of this, I am a buyer every time this market dips, and I also believe that the markets will not only make a fresh, new high, but perhaps reach towards the €12,500 next. I have no interest in selling, and believe that there will be plenty of value to be found that lower levels. The DAX tends to lead the rest of the European Union higher, and I believe that will continue to be the case.
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.
