DAX/SPX 'crashed' in March 2003 and then a higher low was created in February 2022. You see an upward trend – just like before from 1992 and (also) 1980 – with the yellow line being respected again (touched in November 2024). The yellow lines are exactly the same. I expect the top of the channel to be touched, so around 5. From the current level, that is an increase of about 50%.
We are on the eve of 1995, i.e. a rising stock market (final phase of the long-term bull market), but EU indices will overtake US indices for the time being.
See also my other idea, you see the same with AEX/SPX. European indices are lagging behind those of the US.
We are on the eve of 1995, i.e. a rising stock market (final phase of the long-term bull market), but EU indices will overtake US indices for the time being.
See also my other idea, you see the same with AEX/SPX. European indices are lagging behind those of the US.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.