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DAX/FTSE 100 divergence extends further

The divergence between the FTSE and the DAX today has not stretched out further. The DAX has recently hit session highs further above 17,100 and close to 17,150. At the same time the FTSE 100 has continued to press in the opposite direction, trading to below 7,650 earlier. Of course this all about disappointment with the two leading FTSE 100 components mentioned here earlier. However, that does not detract from the price action in the DAX, which is beating pretty much all that surrounds it right now in percentage gains on the session. The big level on the topside remains the current all time high reached last week at 17,198. The DAX is currently trading at 17,140 

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