I think we have enough data to still short on DAX, late obviously.
The maximum price of the Bullish trend was touched in November last year, what happened in January from my point of view was the classic final push that is given before falling.
Even so... the truth, does not seem an easy decision. There are many news and events moving around Germany, globally for many people (including myself) we are on the verge of a strong correction in the indices, and obviously these are struggling to contain it and change that perception. They are going to fight.
Good opportunity to touch the 11550 area...
Let's see how this develops ... Best wishes.
The maximum price of the Bullish trend was touched in November last year, what happened in January from my point of view was the classic final push that is given before falling.
Even so... the truth, does not seem an easy decision. There are many news and events moving around Germany, globally for many people (including myself) we are on the verge of a strong correction in the indices, and obviously these are struggling to contain it and change that perception. They are going to fight.
Good opportunity to touch the 11550 area...
Let's see how this develops ... Best wishes.
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I think the maximum point will be touched on the 19th.... Will see, looks like we close.
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It will be very important the date that we are below 12000 as it could open the door for a 10700 in June. I'll be pending.
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A closer view of what could happen next days. Completely congruent with the published plan.
