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Saturday, January 31, 2015

ECB QE does little to boost DAX


The ECB QE has done very little to boos the DAX. I would not be at all surprised to see the DAX 4hr cash chart back below the kumo in the week ahead. As with the euro, most of the reaction to QE occurred in anticipation of the event. We see this so often where the actual news of the event is a sell. Lets see how this goes.


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