This is the main idea of the final wave for DAX30 and the indices similar to it based on the 90-year cycle from 1929 (Great Depression) + 90 years = 2019
90 years as in 90°down in the markets. The 90-year cycle is also the 90-year debt cycle.
The 90-year cycle is one of the most powerful cycles out there and it causes huge drops as DAX30 and other indices...
The short Aupmove should have been part of the circled II and now a heavy sale should start soon, so that the media company can focus after Wirecard the next topic.
I'm curious whether there will actually be a merger with the "Deutsche Commerzbank", or let the Deutsche Bank just go down?
Greetings Stefan Bode from Hannover,
The fundamental analysis of this is fairly easy. Mergers are good for stocks. Why? Because it usually means increasing profitability. Why? Because it oftentimes leads to reducing inefficiencies and eliminating two teams that could be consolidated into one whether its with commercial banks, foreign exchange desks, etc. This merger would lead to the cutting of...
$DB - Deutsche Bank is now ready to move lower towards the 2019-03-22 cycle low point on Friday next week with the rest of the equity markets.
Projection Model - 2-Day Cycle - 2019-02-01 - 2019-06-29
As the default risk for Deutsche Bank keep increasing by the day it is now technically ready to move lower towards it's default target of 0.11€ it is still to date the most obvious contagion to the stock market crash of this decade.
However the most likely target on the way down will first be 2.5€ which sits on the trendline from the top notation in May of 2007...
Upside opportunity towards 15 euros for Deutsche Bank. On the weekly we have a positive divergence both on the RSI (also on the monthly) and on the Chaikin Oscillator. Possible retracement in area 10 euros. Volume Profile confirms the resistance levels.
I have been waiting for another opportunity to Deutsche Bank and Commerz Bank. And here it is.
Commerz Bank chart:
In case you haven't seen it. There is a netflix serie called Bad Banks. Watch it and you will see why to short these banks. :-)
Bad Banks on Netflix: www.netflix.com
a lot of people is comparing Deutsche Bank current situation with Lemhan Brothers in 2008.
There are similiraties indeed but this time I think that steps have been taken to prevent such collapse.
It was at the beginning of last summer when Mario Draghi announced the end of QE programme by the end of the year.
This was supposed to help but the...