Flat open plus OE day so anything is possible. The bias is bullish though as according to Stock Trader's Almanac, September Triple Witching, Dow up 6 straight and 7 of last 8. Looks like a Bull Flag or Rectangle to me on the Global ES, so the chart pattern not bearish too.
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The German DAX is very close to busting significant resistance but it doesn't wanna do it on its own. If we rally this morning before 11:30, it'll be because we're assisting the DAX bust resistance.
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Petsamo wrote:The German DAX is very close to busting significant resistance but it doesn't wanna do it on its own. If we rally this morning before 11:30, it'll be because we're assisting the DAX bust resistance.
Note the double bottom.
Pet:
Everything will be fine then
Euro fixed, all germ problems over
hmmmmm
I really appreciate you posting DAX
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.