Chartsmith
Long

Euro Zone Economy is stalling & the ECB will have to intervene

FX:GER30   DAX index of German listed shares
53 0 5
When they do European stocks will party and the weekly chart for the DAX             is showing positioning before the main event. I noticed a lot of buying even before Chinese GDP came out, and took that as confirmation. A weekly close above the 100WMA will signal conservative participants to scale in long positions. I began earlier at a close above the 10WMA.

Good Luck :)
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