European equity close: Weak day but well off the lows

Closing changes for the main European bourses:

  • UK FTSE 100 -1.2%
  • German DAX -1.55%
  • French CAC -1.3%
  • Spain IBEX -1.7%
  • Italy MIB -1.1%

If the break in the energy fever is real, then I think this candle is a good sign of a potential rebound in German equities. Intraday there was some nice dip buying after the gap down at the open and initial selling.

German DAX

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