Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


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Wednesday, February 20, 2013


The DAX has been off everyone's radar on last few weeks..
Under performing, why? Well it had a big run up from NOV lows 13%, and despite FEELING bearish in last few weeks, has only retraced 4%.

Support  found around 7570
Has rallied 200 points in 2 days so short term may pull back.

Longer term consolidation looks to be over and ready for challenge on new highs

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