alexinve
Long

People shorting DAX from today and I just see a 1-month long

XETR:DAX   DAX Index
Elliot waves, FOMO theories, early throw-back, people thinking it is overbought. I mean, these opinions are perfectly respectable but I see a bull channel that might be ending in July 14 to then experience the throwback and lack of FOMO that we can see around the DAX's ideas section. So Short term (1-month) is long for me and from then on short the index from its maximums. Something similar happens with S&P500 .

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