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Dax prints a new record high, US lags

  • German Dax has breached 16,600 following the US ADP miss, printed a 16.628.65 fresh new all time record high, ahead of the next immediate resistance at 16658.71 - 0.764 projection of the Nov 7 - 24 - 28 price swing.
  • US Emini still lags as investors look for the ECB to be the first major Central Bank to cut rates in 2024.
  • Resistance for ESZ3 is still at 4607.75, Friday's high and the highest print since the start of August.

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