Market comment ..
The European markets in the wake of the announcement of yesterday's EU Council .. moving stabilizer shortly before the opening .. in an attempt to stabilize and assess developments after the outcome of the British referendum ... After the two-day upward reaction preceded .. to limit fluctuations expected today the opening of the principal markets ..
DAX 30
The DAX futures of ... shortly before the opening of markets are moving with marginal losses of 0.04% at 9590 m .. keeping the bearish short term trend .. despite previous days anodic reaction as still moving below the level of EMA ... and outside .. Kumo cloud ichimoku ...
DAX futures
The German index for the second day moves over the strong support of the intersection of the diagonal in 9420 .. trying to move the rising gap & .. in the area of 9710 m - 9850 m .. where .. liquidations occurred during approach .. the resistance located at 9695 m .. in the EMA region 9 .. and support in 9495 .. the rising diagonal ... one range .. region in which it is very possible to rotate prices pending developments ... mainly in the banking sector .. before noted breakout price ..
It should be noted, however input pointer fast stochastic ... above the level of the sold super price band ...... and the most reliable indicator of MACD ... Sold super low price zone ...
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