DCheethamCFA

Dax fills the gap!

EUREX:FDAX1!   DAX Futures
The German Dax has continued to rise this morning, with the market up another 1.4% and hitting it's highest level in almost 12 weeks.

Price has now filled the gap lower from 6th March and is probing the 61.8% fib retracement.

The market still remains shy of the 200 SMA (≈12000) so long-term trend could be still seen as not positive.


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