German Markets are Set to ‘Pump You Up’
- Posted by Greg Harmon
- on October 31st, 2012
While Sandy has brought the US markets to a standstill there are markets around the world that are trading. The German market, represented here by the Germany Index MSCI iShares, $EWG, has been interesting lately. Technically this has been building a bull flag at the 61.8% Fibonacci
Germany Index MSCI iShares, $EWG
retracement of the move lower from the 2011 high, a second visit to this territory. The Measured Move higher takes it to 28, above a full retracement on a break of the flag higher. With the US markets reopening will it happen this week?
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Dragonfly Capital Views Performance Through October 2012 Expiry
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Gregory W. Harmon CMT, CFA, has traded since 1986 and held senior positions including Head of Global Trading, Head of Product Development, Head of Strategy and Director of Equity. (More)