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DAX - strong bearish divergence - Fight against probabability

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LoveForCharts Updated   
XETR:DAX   DAX Index

In continuation to my previous chart on DAX , there is a continuation of the bearish divergence. This a signal that price action is not appropriately being reflected in the indicators and may see a halt or correction

Like I Said, I went through some data crunching and found the below interesting observations that make the current upward movement by DAX very encouraging (if you do believe in history) and hence the title fight against probability

Did you know from 1983 to 2018 (36 years history) for DAX

1. The Sept close candle has been in the Green 25 times and Red about 11 times (so Sept month being higher than previous month probability is about 70%

2.Oct and Nov close candle (that's posted in Nov and Dec respectively) has closed 24 times in Green and 12 times in Red (67% probability of ending higher than previous month)

3. All 3 months ending higher that the previous one probability is 30.56%

4. All 3 months ending in Red is a mere 5%

Year Sept Oct Nov (CANDLE CLOSE, POSTED IN SUBSEQUENT MONTH BEGINING) - G (Green) and R(Red)
1983 G, G, G,
1984 G, G, G,
1985 G, R, G,
1986 R, G, R,
1987 R, R, R,
1988 G, R, G,
1989 R, G, G,
1990 G, G, R,
1991 R, R,G,
1992 G, G, R,
1993 G, R, G,
1994 G, R, G,
1995 R, G, R,
1996 G, G, G,
1997 R, G, G,
1998 G, G, G,
1999 G, G, G,
2000 G, R, G,
2001 G, G, G,
2002 G, G, R,
2003 G, G, G,
2004 G, G, G,
2005 R, G, G,
2006 G, G, G,
2007 G, R, G,
2008 R, R, G,
2009 R, G, G,
2010 G, G, R,
2011 G, G, R,
2012 G, G, G,
2013 G, G, G,
2014 R, G, R,
2015 G, G, R,
2016 G, R, G,
2017 G, R, R,
2018 R, R, R,
2019 G, ?, ?


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Comment:
Bulls trying to go higher (as you can sew with the long upper shadow), but being pulled down by the bears. Lets see who wins the fight between the two.
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