albert.callisto
Short

DAX - Beware of the divergence and correction

FX:GER30   DAX Index
198 7 5
The recent rally is diverging from the RSI , beware of a sudden correction as we are in a high overbought range. We are also in the highs of the last weeks, the market must have some rest.
Beware of the Crash.
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albert.callisto Marsadddict
I don't think it would crash but it will likely play with its main supports on round numbers like 9800.
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Marsadddict albert.callisto
I say there will be a Crash. Is it correct to say Crash if it is a gap Close and it goes up afterwards ? or is it just a huge gap Close.
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albert.callisto Marsadddict
Gaps are not crashes. A crash would be a sudden loss of 20% or even more or things like the SNB in Jan 2015.
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Marsadddict albert.callisto
Ah yeah then it is a crash.
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Marsadddict Marsadddict
its not 20 percent . but more than 5 i promise.
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Marsadddict Marsadddict
And dont get me wrong. I invested bullish.
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