Trades in the red for the day now.
The German DAX traded up 9% on the day at one point. The move took the price of the index back up toward the 10,000 level. The high price reached 9985.74. The last 4 hours have seen the price move sharply to the downside and we currently trade in the negative at -66 points or -0.72% at 9100. The low for the day so far reached 9064.68.
Looking at the daily chart, the index price has moved below 2015 lows and the June 2016 low price of 9226.15. The 2016 swing low price reached down to 8699.29.
The run to the downside from the high in February has now. Seen the index declined by -34%.
