• The DAX index gained a little over 15 basis points during the trading session on Thursday, but gave back quite a bit of the gain to form an inverted hammer.
  • This suggests that perhaps we have a bit of negativity ahead of us, as we go looking toward the 50 Day EMA underneath.
  • The 50 Day EMA obviously is an indicator that a lot of pay close attention to, and therefore you should as well.

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