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No rebound yet for for the DAX

Well, surely the least surprising move on the European stock market opening today was the DAX kicking off the new week significantly in the red. The index has now fallen even further in the first 10-15 minutes of live trading and just now tested the 21,150 region. That means it is now some considerable way distant from where it closed on Friday (21,394). Naturally, there is room for a rebound, but as you can see, so far in early trading, that technically negative close on Friday has helped to cement the opening downside this morning. The index is right now at 21,165

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