Short DAX at 7740

Looks bearish. I know. But I am a diehard dip-buyer at this point ! The weak Dollar makes me comfortable for the U.S. markets. A lot of people do not recognize that a huge part of profits from DOW components are earned outside U.S. ! For example Citigroup´s international revenue and net income rose 34% and 35%, respectively, in the second quarter ! That´s what I call modern asset diversification ! Anyway, good U.S. markets always good for the rest of the world. Therefore, Europe should underperform the U.S. in the coming months because of strong Euro, but positive bias will persist. Stay long in DAX ! :) :D :p
 
I will see what short term charts show tomorrow, it does look like a book perfect head & shoulders followed by an expected squeeze and now a positive closure for bears, keeping in mind an extended histogram declining peaks + divergence makes case stronger to be trading from the short side tomorrow IMO.
 
JSS,
3 questions
1) where are you located?
2) when do Dax futures open relative to the cash Dax market?
3) when does London cash start trading relative to the DAX cash?

thanks
 
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