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Exercise-Discipline

DAX SHORT: Fundamental and Technical

Short
DAX Index (FX:GER30)  
Exercise-Discipline  
FX:GER30   DAX Index
daxshort germany30short DAX Index germany30
9
0
daxshort germany30short dax germany30
Fundamentally: the Eurozone is politically unstable. Debt is rising. The Euro may bottom soon if Draghi tapers QE. Rising US interest rates will put downward pressure on global equity markets.

Technically: there are multiple divergences on the 4H chart towards 11600.

Target: 11000, 10500, 10000
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