Right back where we started - DAX looking to break 2014 open.
I have a way to look at the market in a hole. We started the year on DAX @ 9600'ish, we have been trading over and under this price, but if we look at history, the open and the first trading days on DAX gives us a sign on how the market will perform over the comming year.
4 times have we broken 9600'ish since 02-01-2014 and were rejected hard by bears - This is telling me DAX will close the year 2014 lower than 9600.
SP500 is only on the chart to show how nice the two go hand in hand.
4 times have we broken 9600'ish since 02-01-2014 and were rejected hard by bears - This is telling me DAX will close the year 2014 lower than 9600.
SP500 is only on the chart to show how nice the two go hand in hand.