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edit 11:40 - might test 10k again soon - with soft limit @ 10066
edit 14:47 - 10k killed - thanks to US open
edit 15:59 - 10066 reached - new high 10082
edit 17:30 - high of the day was 10100
Yes I am using here CFD data. First as it is always near to the DAX index and second as most of the readers asked for it as they
trade CFDs. Third it is not so easy to explain why the future is always nearing the index when witch days are ahead.
So I changed from "ugly" futures with the complicating witch days four times per year where one has to jump to the next one. Changed it already some years ago in this thread.
Good trades!
DAX started this morning higher: 7:39 @ 10225 where it was climbing to yesterday after cash hours.
Some strong bullish movements in looking forward to see Corona peak soon...
This doesn't help to overlook all the damage done to people and the economy.
Things will not be as it was some months ago. Unfortunately.
IFO numbers Germany:
"The German industry expects a massive decline in the coming three months. The Ifo index of production expectations fell from plus 2.0 to minus 20.8 points in March, according to the Munich researchers. This decline is the sharpest since the survey began in 1991."
First hour of cash hour: Hi / Lo of 181 points...
This volatility I haven't seen - it is tremendous over weeks!
.....