DAX extends rebound gains to above 22,500 as sellers hold off for the time being

When you consider the DAX fell below 22k yesterday, the rebound today looks quite impressive. Since an earlier update here noting it vaulting into the opening, the DAX has now lifted above 22,500. That further gain comes as the US futures now push higher and price a positive opening for the Nasdaq 100 and the S+P 500, but quite yet for the Dow Jones. Look, this outlook can very soon change and most likely it will. That might mean even more upside for the DAX today, but it does remain to be seen how much further it might lift, before sellers step in again and the view here; is at some point they will do just that. The DAX is right now at 22,520