The German index fell initially during the session on Wednesday, but did bounce enough to reach above the €11,900 level during that trading session. Stock
The German index fell initially during the session on Wednesday, but did bounce enough to reach above the €11,900 level during that trading session. Stock markets in general rallied after initially following, and it looks as if the value hundreds are starting to come back. If we can break above the top of the range for the session, I think that the market will probably reach towards the highs again. After all, this has been a very bullish market longer term, and thus I think that it’s only a matter of time before the bullish come back. I have no interest in selling, and will simply take a long position if the market offers it.
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.
