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As the month and quarter end looms can the DAX do it again?
The European stock markets will very shortly reopen for the penultimate session of the month and the first quarter. As we know the DAX set yet more records yesterday, with a new all time high and a new record close. The question right now, just ahead of the opening; is can the index extend upon those today, or is it time now for a bout of profit-taking to kick in? Personally speaking it seems overdue, but at the same time the force is strong with this one and there does not appear to be a news based catalyst to force a correction yet. The index is still flirting with the 18,400 handle just ahead of the opening today
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