Bear Market in German's DAX Index, off 22% currently, leads SPY

FX:GER30   DAX Index
2080 22 27
The DAX             has peaked before the SPY             (blue line) in the two big bear market drops of 2000-2003 and 2007-2009.

And the DAX             peaked first in this recent peak and bear market, off 24.7% at the lows and off 22+% now.

The US market is nearly 90% correlated to the DAX             , but the DAX             has had deeper corrections. You can see all of the bear markets on the chart. They are labeled in red areas.

What is the odds that the German market ( DAX             ) will be higher in 6 months from now? Reply with your opinion.


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nice presentation.
For less sensitive, I updated my chart and this is what DAX looks like in a log scale.If Euro's low reaches 0.85 DAX could run more above 13000 to 14000-15000. There is no "TIME" at all in the universe time is a kind of human feeling market targets could be achieved quickly by volatility. Be careful with YEN, some people are risking Japan so JPY is gonna to be risk.
timwest PRO Victor.Y.F
Log chart definitely helps the look of the long term trend.
Thank you sir, people must be positive bc human civilization is creative.
I think 9300 low of dax I call for a higher DAX in 6 months too
-38% from ATH would put Dax at 7500.I can live with that :)
hi. i disagree. i think the dax along with other indexes is in the process of base building. if it can hold at or a little below these levels, we could have a strong rally into the year end. let's see. )
Nice analysis. my friend.
dhananjay.d.joshi PRO PooyaSalehipour
This was for whom?
Dragon1 PooyaSalehipour
what is your idea about dax?
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