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LordTrader
Jun 25, 2017 3:09 PM

Projection DE30, looking for year high 13700~ 

Germany 30OANDA

Description

From a 100% technical perspective, my chart is telling me DE30 looking for top of bullish channel since post subprime crisis rally. Before this happens though, I'd like to see a drop to 12316 - 12392 (2015 high) for a healthy climb the coming weeks. So to conclude my thoughts I think we've seen swing high looking for swing low to a new all time high that might roll over very fast because of the lack of confidence in stocks that are already overvalued.

Comment

Correction: Of course I meant "looking for top of bullish channel drawn from top pre subprime crisis"
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