martinex
Short

BEAR FLAG ... will fall down

INDEX:DAX   DAX Stock Index
135 5 3
DAX             is incredibly weak since some time now vs US markets ...

This chart is poiting straight down from bear flag ... retest of August lows is on the horizon ... new lows to come ?

Good Luck !
Bear Flag broken ... let me estimate the down move Target Zone : 9380/9220
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Good Luck !
Reply
milando24 martinex
Marti, target met, prospects for L positions may be in the play (however, bearing in mind that the S&P500 did not set the lower low, as yet...)
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martinex milando24
milando ... I would be very carefull with long positions as we did not seen 9200 mark yet and as you pointed out S&P did not make lower low yet , there is a risk that the wave will be extended ( if this is big wave 3 ? ). September ends today ... is there something out there to hold/rescue... ?
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martinex martinex
Still looking to reach projected TARGET ...
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Good Luck !
Reply
martinex martinex
Nothing new to add on this chart ... TARGET valid
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