DAX amazing run pushing closer to 23k now today

Of course the DAX might be impacted by whatever happens stateside this afternoon, but then again it might just be doing its own thing. Looking at the price action of the German benchmark and the EUR/USD so far today there is more than just a suggestion that the DAX is once again attracting inward flow from outside its own borders. That might be the trade for anyone wanting equity risk outside of the US (and it sure has been till now) and there is no denying the dynamic nature of the overall rebound in the DAX over the past two weeks. In fact it, has been pretty amazing when you consider it has until today posted 14 positive daily closes (including today, assuming it holds onto what it has already). Perhaps that in itself is a warning; that amazing run might be coming to an end? Well, if it does close lower tonight, you might want to ask where the US equity markets might be later on? The DAX has not long ago hit fresh session highs above 22,900, as nears that 23k marker. Will it reach that today, or is enough, enough? We shall see