I have read an article today about the possible merger between Commerzbank and Deutsche Bank, few people seem to be reading up on it! Very soon we will hear about how EU banks are a zero and Deutsche will be the first to collapse. A backdoor bailout is likely to change that.
In this video update, we take a look at the Dax (Ger30) index as price has stalled at a key weekly resistance level.
With growing concerns over the economic slowdown in the Eurozone, the indexes could suffer.
Dax 4hr chart shows price changing cycle which could lead to further downside.
This is by far the BEST video that will line everything up for you by me. I gave it MY ALL with trend analysis and elliott wave. be ready and spread this video within 48 hours to help everyone for this last move higher.
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I posted a video this morning with thoughts regarding the Euro and the narrative of a crisis being premature at best! Inflation numbers came out for Germany this afternoon at 0.6% versus expectations of 0.3%. Year on year we are at 2.2% which is far above last months 1.6% and above expectations of 2%. On that news we should see the euro strengthen and given the EU...
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Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum.
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Here is our forecasting report on German DAX in video format on 6 February 2018. Enjoy.
6 February 2018
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for...
Here is our forecasting report in video format on German DAX for 2 Feb 2018. Enjoy.
2 Feb 2018
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general...
In this video we discuss the potential drop of price in the DAX index. Price has reached a long term resistance level and using median line analysis we watch for a sell opportunity to develop.
Feel free to like and comment sharing your thoughts,