All bull markets moves in three steepness periods. DAX is in its last period before the final top which now can come anytime. The maximum high should be at my "target" in the chart below, 11.482. Alternative high is 10.580. But as I have said the top could come any time now in the last steepness period.
This means that the long term DAX investor should stop buying and instead look for selling. My goal is to find the top area. From a fundamental point of view I see Germany and the DAX as one of the most attractive indexes in Europe.
DAX Month
The number 1 steepness is the base trend and 2,3, and 4 are the three bull markets steepness periods since 2009.
This means that the long term DAX investor should stop buying and instead look for selling. My goal is to find the top area. From a fundamental point of view I see Germany and the DAX as one of the most attractive indexes in Europe.
The number 1 steepness is the base trend and 2,3, and 4 are the three bull markets steepness periods since 2009.
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