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.
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.
