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DAX lifts off opening lows

Well, the DAX did once again reopen below its 200 day moving average, when commencing the new week at 15,513. However, it has rebounded now, from a session low at 15,502. The index has now lifted back above 15,550, but of course it is very early days in terms of session and the move higher is being assisted by a rebound in the FTSE 100 (as highlighted here earlier) and modest gains across the US futures markets too. The DAX is just now trading at 15,570

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