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DAX 30 consolidation 9939-9769

DAX 30 continues its consolidation levels between 9939-9769.
Probably fall in early trading sessions in Europe, after the negative sentiment in Asia, because of the risks on the global economy. Eventually we may see support buyers for the last session of the DAX for the year to end revaluation of portfolios.

RSI indicator is in the zone 40 -60 confirming the likelihood of consolidation and a slight decrease in the index to the lower arm. DM indicator about 0.3 which also shows a preponderance of negative sentiment on the market after the launch of the index.

Yesterday’s vote in Greece increases the likelihood of corrective movement of the stock market, but you should see a bullish momentum and then decline


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