The DAX in Germany remains positive, but we are slamming into significant resistance. The DAX rising as oil continues to fall is a theme here. There are a lot of concerns about European energy over the winter, especially. But right now, I think there’s a barrier right around €26,750 that we need to get beyond in order to start seeing a bigger move.

At this point, a pullback makes sense, but I think that only offers a buying opportunity, especially if we can see this thing drop closer to 26,000. I don’t expect that today. It’s probably easier to break out than to get down there. But if we do break out to the €26,750 level, I’ll be buying that FOMO move.