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Why I’m trading the Dax: Lambert
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Clive Lambert of FutureTechs explains why is he shorting the Dax index.
He plans to sell at 10,122 with a stop above 10,175. His target is 10,050. If last Friday’s low of 10,037 breaks, he has extended targets of 9,960 and 9,830.
Data including German CPI figures is published today so he plans to close the trade at 17.30 CET.