DAX for today

2015年2月6日

well as you see for the moment the German Market just touch the lower band for today, but there is not to much bearish force to break the band, so i think, after the bad data of industrial production (0.1%) dont have to much impact today, and probably the rest of the next week, when we know the German Trade Balance of Dic. maybe we can clarify if DAX go to correction levels.

Remember in March starts the ECB QE plan, and of course, that will have positive impact in to the Mayor Stock Exchange of Europe (DAX and CAC), so for the moment do not close yours long position yet.

regards and good trades...