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DAX takes out 18k

The risks of a drop below 18k today in the DAX looked live earlier on and that is what it has now done. As already mentioned, it is the FTSE 100 that is flying the flag for the UK this morning and now even more significantly outperforming stocks in German and France. The DAX has come under pressure from a number of directions and now it has fallen close to 17,975. The fall is below some interim support levels too and that could extend further. Of course there is much to flow under the bridge today and that means we are likely to see a fair few price swings in both directions ahead of the close this evening. 

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