27th March - The solidity of the Dax
30 March 2015
TECHNICALS:
Monthly Dax futures continuation chart
The bull implications of the long-term completed triangle continuation chart remain unfulfilled.
There is a good deal to go on the up move: as far as 14000 or so as a minimum.
The strength of the structure lies in the clear test of the top of the triangle which led to a sharp bounce.
Daily Dax futures chart
The bounce from the support in 2007 was given added impetus by a completed Head and Shoulders continuation pattern - whose minimum move drove the market up sharply.
Note however the possible source of short-term loss of momentum - because the market has reached the minimum target of 11900.
There is then, scope for set-back from current levels, even if the medium and longer-term bull market remains in robust health.
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16th April - Watch the Euro 
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19th March - The next bull leg of the S&P