The key European indices are ending the day with strong positive aspects. Trying on the closing ranges:
- German DAX, +1.58%
- France’s CAC, +1.59%
- UK’s FTSE 100 +0.64%
- Spain’s Ibex, +1.79%
- Italy’s FTSE MIB, +2.0%
Trying on the day by day chart of the German DAX, the excessive worth right now reached 13020.45. That was about 6 factors shy of the falling 100 day MA. It should take a transfer above that MA stage to extend the bullish bias for the index.