YaKa

DAX - Could be wild (reconciliation SPX)

FX:GER30   DAX Index
4

If there is a correction on sp500 to 2055, DAX is probably going to fall in the 11100 area.

If so, projecting the bear flag on this chart, 11100 could be a great buy for 2 months within the correction.

It would oscilate for 2 months while SPX does a small 4% rally to 2140 (from 2055).

And then both could correct together from 12,000/2,140.

All speculative for now but this is the idea this morning.

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