Short DAX at 7740

Quote from Topsurfi:

since several days, there is a dramatic change in ES/Dax behaviour. Anybody taking notice of this ?
I still don't know how to handle it.

Seems like Dax is ignoring ES like never before.

Like today, huge huge volume at 7863 - 7880 in Dax about 1 hour after wall street opening. Someone put thousands of Daxfuture in the bid and supported this - but why ?

Will this result in a strong up-move once ES recovers ?

No answer yet.
More...

Answer is : Closing FDAX 7949.50.:p
 
Quote from Topsurfi:

since several days, there is a dramatic change in ES/Dax behaviour. Anybody taking notice of this ?
I still don't know how to handle it.

Seems like Dax is ignoring ES like never before.

Like today, huge huge volume at 7863 - 7880 in Dax about 1 hour after wall street opening. Someone put thousands of Daxfuture in the bid and supported this - but why ?

Will this result in a strong up-move once ES recovers ?

No answer yet.
More...

Now they are correlated, both looking quite tight for upside in the very near future ImO.
 
IFO numbers at 10 a.m. CET. Cool V-Shape formation yesterday. : cool : Bounce in ES related to rate cut hopes next week. Could be a nasty sell-off, if FED keeps on hold. FDAX looking for 7940 / 7950 area to short.
 
Lufthansa up 2.2% on 78% profit growth
France Telecom up 3.8% on upped cash flow targets
Shell up 0.8% after topping earnings estimates
L'Oreal down 2.7% after Q3 numbers, UBS downgrade
ABB up 3.6% after 86% profit rise

This board is dominated by U.S. company news and users. We need a shift to a more European / Asian / global view ! :p
 
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