Joeykleene

Right back where we started - DAX looking to break 2014 open.

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FX:GER30   Índice DAX das ações alemãs negociadas em bolsa
3
I have a way to look at the market in a hole. We started the year on DAX @ 9600'ish, we have been trading over and under this price, but if we look at history, the open and the first trading days on DAX gives us a sign on how the market will perform over the comming year.

4 times have we broken 9600'ish since 02-01-2014 and were rejected hard by bears - This is telling me DAX will close the year 2014 lower than 9600.

SP500 is only on the chart to show how nice the two go hand in hand.
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