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DAX faces an uncertain start today following negative close yesterday

Yesterday the DAX opened higher and then rose to set a high at 18,799. That high was below the record high set on Friday, at 18,845. The index later closed 30 points lower, at 18,742. So, just like the FTSE 100 yesterday, the DAX snapped a 6 day run of higher daily closes. So, does that mean the index is now due for a deeper correction? Well, it could be the case and right now the DAX futures are not exactly bouncing ahead of the opening. The index is currently priced to reopen at around 18,740 
 

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