Maybe it is just an extended correction of the move down, but also the €/$ has found support despite the NEGATIVE news with Spain, Greece and Europe generally..
IF they maintain bullish trend ...BUY corrections!!
DAX needs to break above 6430
DAX retraced close to 68 % (Fibonacci) of the rally from Oct 11
FTSE daily
Looks stronger technically than DAX as it has broken above previous high at 5585
FTSE also looks like a double bottom formed.
No comments:
Post a Comment