Deutsche Bank (DBK.DE) shares opened with a bearish gap and while the initial reaction was positive as prices bounced back from 10E/share, sellers are quickly reacting. This is a fresh all time low of course.
DAX futures (DE30) is sharply down today as well. The bulls were not even able to close a small gap and we are heading lower as we speak. We are at the lowest level since the early August and a correction should be continued as a sequence of lower highs and lower lows is evident.