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DAX Futures - Jun 24

Real-time capital.com
Currency in EUR
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18,209.0
-46.0(-0.25%)
Real-time Data

DAX Futures Discussions

Although everybody predicts an imminent DAX major drop (which I consider possible) there are a few considerations to be made: 1. There is a gap to be filled  up at 13368 to 13460; 2. DAX will not fall until the world economy  will crash. That means that gold will go to higher levels, oil price will drop, all financial and performance indexes will fall. I am expecting to see Nasdaq, Dow Jones  and SP500 falling first before DAX.
From what I understand the summit meeting can be postponed until August which means that DAX30 will be sideways until the awaited news develop.
Drop will be on minimum 400 pips but not today :)
 EU Summit will resume today. Looks like they will agree finally probably late tonight. Anyway, you are right, sideways today.
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