DislikedIs DAX behaving funny in last few days or is it just me ? Low volume ?Ignored
Main reason is stronger than ever Industrial production, specially cars, unexpected car makers were resilent to Covid era.
Now is moving nervous way ups and downs, but always ABOVE THAT LEVEL, at least so far.
2. after they broken up 13780, DAX and European Indices too, are only following in lazy and blind way US indices.
Volumes are lower than average, you're right, but it's only a consequences of lack inside strenght Europe vs USA and of higher than ever current prices.
9 months ago even an under capitalized Hedge Fund could afford tons of FDAX contracts while today his nominal value is 325k euro per 1 FDAX.......
In the end lack of volumes mean nothing for us, as it happens during August or XMAS holidays, becasue there's ton of liquidity in the markets, DAX included.
Volatility is what it really matters imho, for a day trader.
3. Pipfarm this morning says in his journal that DAX is historically so erratic in his behaviour (compared to currencies) and obvioulsy this is amplified in volatile market phases as we saw last 11 months.
It's only my personal opinion, and as I always wrote here, no exact science here!!!!
I call upon my father's spirit , watching over me
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