The DAX index looks like it wants to take a nosedive from here.
First part of French election is this Sunday. If Lepen wins and the other communist guy, supposedly it is the end of the Euro, Italy etc etc.
Either way, seems like DAX could take a haircut which maybe would spill over into our market ?
Lest we not forget that the BREXIT vote on June 23rd, 2016 directly led to a -5.75% TWO day correction to the downside.
If that occurs again it would put us close to 2200 on SPX
Edited by tradesurfer, 18 April 2017 - 10:43 PM.