I had another point of view on the German DAX. The chart will say more than a lot of words.. Recently I published a bearish point of view on the S&P500 but...I start to doubt. As the DAX is almost a copy from the S&P500, the idea is also valid for the S&P500. Additional support for this idea: the interest rates will stay low for 2014 and tapering will go on for 2014 as well... just maybe...