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Dax is really near at the 13k - depending on the US numbers this afternoon
or some new ATH in US indices the Dax might jump for a short attempt over the
long awaited new ATH. Could be this afternoon or next week though.
Later some further bullish move will start more new ATHs.
Thanks for your longstanding commitment, I have a general question about the Dax future contract what you think could be the causes of the loss of daily volume from the 14 September 2017 when we went from sept to dec.
Thanks Roberto
Hello Roberto
Thanks for your words. As we know that during the summer holiday weeks volumes in many indices are low.
You mention the fact that in the DAX even around elections as well after the results volumes are not high.
From economic view there is a very one directional move up on all the world's indices. So many investors
just swim with the river and do not hefty trades. As we can not see real consolidations this might be bringing
more money than jumping in and out with all the costs. There is still no restriction to higher prices at the horizon.
Second - bitcoin et al. are biting into the markets too: means some quick and dirty money makers are shifting
from ordinary stock markets to bitcoin markets. Knowing (or feeling later) that those markets are very volatile.
I am sure that normal behavior will be back from next year on: IF US complications are history, when Germany,
France, Italy and Spain will have stable governments - if ever.
Anyway - market will be there tomorrow too: some staying at the sidelines might have positive effect on the
yearly win rate.
Good trades!
GFIs1