DAX Forecast November 26, 2015, Technical Analysis
The DAX broke higher during the course of the session on Wednesday, reaching towards the €11,200 level. Ultimately, this market looks as if it is ready to go much higher, once we clear the aforementioned €11,200 level. Once we see that move, we believe this market then goes to the
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The DAX broke higher during the course of the session on Wednesday, reaching towards the €11,200 level. Ultimately, this market looks as if it is ready to go much higher, once we clear the aforementioned €11,200 level. Once we see that move, we believe this market then goes to the €11,600 level. Pullbacks should continue to be buying opportunities, as the DAX typically leads the way in the European Union. In fact, we believe there is massive support all the way down to the €10,500 level, so having said that there is no way for us to short this market right now.
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