GER30 GERMANYS DAX VERY CRITICAL LEVEL NOW CHINA DESTROY US ALL?

More than $2.3 trillion was wiped off global stocks last week as China’s slowing economy and currency depreciations spooked investors around the world, leading to the worst start to a year for markets in at least two decades. The DAX, which comprises Germany's 30 most valuable companies, so far DAX index had dropped 8.3 percent for the first week of the new year, suffering its worst weekly loss since August 2011. The seven-year up trend line on the weekly chart has been tested now, next week is going to be more than interesting. This is for my trade journal only feel free to comment.