China over USA? - TRADE WAR - Looking for shorts. Overall strong /Head and Shoulders/ on D chart. In 4H chart we can see strong down move from 26700 and reflection at 25250. Putting a Fibonacci Retracement on those levels we see that it already pass 0.38 looking for 0.50, possiable 0.618.
Shorts from 0.50 and with same amount + 1/2 of the 0.50 volume at...
All stocks are now about 80% overvalued. We can see the sell off on NASDAQ last week and in the start of this week. All TECH-STOCKS are going down.
I believe that DAX will fall to lvls 9400-8600 very soon after reaching the top.