Since the beginning of April15 the DAX has been in a downtrend with corrections repeating at constant period. According to this interpretation we should be on the way down to 10000.00.
Comments
jangseohee
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do they move in unison?
jangseohee
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my wishful thinking
as long as the yellow zone not broken
perhaps ATH at 13000 before a final collapse
but you could still be right
LEONES
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jangs, I agree with the downward channel but i don't see the parabola bulding up. Trend is down
jangseohee
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first that stupid gap is confirmed to be filled but the yellow zone is important, actually price could slowly go upwards following the cup in a zigzag version.. but lets see
LEONES
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yes i agree gap need to be filled, ideally another gap down at the opening !
jangseohee
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all of these are part of the actings, suddenly they are about to reach a deal
well, the politicians' career and Merkel's face are more important to the people of greece
they will always be saved no matter how tuff the situation is..
i wish i have money pouring at me too ^_^
LEONES
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yes but this will not change the market, i think that it is just overbought..
do they move in unison?