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DAX not backing away yet in early trading

The DAX officially reopened today at 18,262, which was a new all time record opening level for the index and so far it has not backed off at all. The low seen has been set at just 18,256. In fact right now, the index is pushing to test its recent record highs set yesterday 18,285. In terms of technical levels above there, once agin it is hard to say where it might rise to from here. However, the price action right now does seem tentative and perhaps that is not surprising given the record levels right now  

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