FX:GER30   DAX index der deutschen börsennotierten Aktien
MM to 11900 area. A weekly close<12300 needed first
yep, nice, one!
btw. 12k6 is yearly pivot...
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pantheo look4edge
@look4edge, Hey man, how are you? Long time. As always I'm happy that someone here take a look at the yearly internals:-) Building the right shoulder of the long term H&S now.



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@pantheo, sure, one scenario, however, still favoring final push (and dax likes busting shs a lot)

take care!

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pantheo look4edge
@look4edge, True for DAX, I remember both. When euro makes its final dive, then some smart money will avoid bonds and move to stocks, particular in Germany. However, this scenario it's only plausible imho under Merkel. If she falls as it appears likely more and more, then real smart money will move in US. Cheers, all the best, thnks for the chart, P.
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