This is the first time I have ventured into DAX. It is not behaving like the N. American markets. There IXIC, SPY , DJI have a similar profile and the Parabolic analyses, is coherent across the different Jags. The DAX is behaving distinctly. The FTSE has its is its own character as well. This decoupled character for the N.Am the FTSE and the DAX is consistent with the distinct national identities. These markets are related via the global scene, But visibly distinct.
I have to say that this method is experimental and as many other Price Jags I have studied, Dax has a unique character, measurable with parabolas as a unifying theme. However , its Deutsche alright.
All that Plus:
Solid red is not a hapy curve. Neither is Solid Green . The current decline is not comfortable. Dashed Grey is not rooted 'abola , it is a general trend. It looks like that is the direction DAX participants should want the market to go. That might be wishful.
Given the convergence of Solid Blue, Solid Green and Solid purple , I expect This Jag to bounce off Solid Purple and Oscillate across two thousand points. Similar to what happened in America. The the jag might converge advancing along the Thin Green channel .
Who know. Wait an see. These are my chronicle of financial perceptive with a curvy twist and a space freed mind .
Played right , a bounce is more profitable for traders, but scarier for executives .
Comment:
wait and see.
Comment:
The Jag heard Thing orange. ext stop down ? Dashed Black is possible, But Solid Purple 3k down is more solid support.
Comment:
Still Good
