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Night_Trader
Dec 7, 2013 2:37 PM

A good time to take profits in german stock positions... Short

DAX index of German listed sharesFXCM

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It is perhaps a good time to short the DAX now, or at least take profits from german stocks.The DAX reached a Butterfly pattern completion area. If price reversal pattern from July 2007 should repeat itself here, it would be a good time to sell German stocks now. Perhaps there will be another good opportunity to sell in May (and then go away... :-))
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