Dax in doldrums

[VSATrader]

Well, I have been following the Dax as usual, but no opportunity's without high risk, so I am sidelined at the moment, all eyes as usual on the US. The Dax has been shadowing the SP Emini all morning and not shown a life of it own. I think the US markets may have topped out as we had resistive volume to the upside Friday, and a low volume up day yesterday, but there is strength in the background to some extent.

The Dax is uptrending and we'll have to sit tight to see what the next move will be.

Regards VSA Trader