DAX leads the European indices. The big charts show that the fifth and last waves since 2011 are topping out. Stop buying and prepare to go short long term. A final explosiv new high is possible in all indices but since they all move togheter in a big trend change and only DAX has a daily down trend so far the coming week or months will be of importance for long term investors.
Only professionals are in the markets and 95 percent of the day traders will lose their money according to statistics.
There are not any very big fundamental situation that can alone affect these big trends. Ukraine and Middle east will continue to move the daily markets and so will US company news, EURUSD, Janet Yellen the Fed chair, oil price and employment situations. Sell in May and go away has been a very good piece of advice from Wall Street.
Only professionals are in the markets and 95 percent of the day traders will lose their money according to statistics.
There are not any very big fundamental situation that can alone affect these big trends. Ukraine and Middle east will continue to move the daily markets and so will US company news, EURUSD, Janet Yellen the Fed chair, oil price and employment situations. Sell in May and go away has been a very good piece of advice from Wall Street.
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