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After an interesting start today (Wednesday) the volume continued quite low...
This is a normal summer sign. Some good numbers first from companie's 2nd quarter
pushed up a bit.
Now attention on Friday: IFO numbers 10:00 to watch
Is it normal for the DAX to stay this quiet after the IFO report? I thought it would be flying one way or the other - more likely to the down side as figures were poor?
IFO number is important - especially now having three negative numbers in a row.
Market is juggling around 9800 in the Dax and it looks as the down move is not yet accepted.
One can see that the volume in this 30 minutes after IFO numbers is really low (4262 contracts).
I think the price will erode a bit today...
will be skipped:
Intraday range from Friday was 176 points - exceeding the
"normality" according to my rules...
Depending on what will be on Monday a Tuesday trade might
take place.