Global-Investa

DAX – Correction overdue

XETR:DAX   DAX Index
Short analysis on the DAX in the context of the cyclical calculation

On further rising prices is to be counted on the German leading index only with very much imagination. On the contrary! According to our calculations, a price decline of several weeks must necessarily be included.
We strongly advise against any long positions in the current environment. We see the probability of a further rise with a good risk-reward ratio only far in March.

Our subscribers will receive the coming low (exact turning date and probability of hit) as usual via our distribution list.

Notice:
Despite careful analysis, Global Investa does not guarantee the content, timeliness, accuracy or completeness of the information provided. In particular, the information provided does not constitute investment advice, a recommendation to buy or investment brokerage and can in no way replace investor and investment advice from a professional investment advisor who takes into account the individual economic circumstances and the level of experience of the customer.
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