DislikedYesterday afternoon's rout has turned out to be a big shake out. The US equity has staged a V-bottom in the NY afternoon session, which signifies the return of the risk-on trade. Today the DAX, together with EUSTOXX50 and CAC, has gapped above yesterday's range and poise to fill in the TPO gaps left by the middle of last week. I would consider the first hole to be filled after trading upto 12030 and I would expect some responsive sellers to appear between 12025 to 12030. On the down side, the 11960 to 11950 area should provide some initial support...Ignored
I will follow your levels this morning...but my first shorts are little bit higher
I call upon my father's spirit , watching over me