DAX (in $) / W1 : for a US trader eurozone never retraced !

Markets have apparently decided that retracement or consolidation is no longer necessary ! Many traders (me included) have been forced to take some losses trying to speculate on possible short term counter trend corrections. The fact is that this never happens ! We flirt with trigger signals and then we flow back to resistances and surf on new extensions toward more and more records !
No matter how stupid this is, the market seems to have entered a "new paradigm" era ! It's like "Stocks won't consolidate ever, we will buy everything that retraces back to a supports !!" and that's why I decided to show you the DAX index expressed in $. The result is stunning ! For a US trader, the DAX simply never broke a single support and it's curve suddenly looks a lot more familiar to the US equities that managed to hold down to a record low 3% max drawdown during the summer !

This has no meaning to influence your trading. Just to let you know that you should be aware that US cash flow is now heading straight forward to worldwide stocks and that this "risk on" move is very likely to end badly if risks shows up at some point ! And historically, they always do sooner or later !