Nothing have changed in our Outlook for the DAX. Actually since its recent low the DAX has been struggling to rally giving us overlapping waves strongly suggesting it is indeed a countertrend rally that should be followed by another down leg. Size and nature of the decline will help us to better forecast what is in the bag for European indices.
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Related publications
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.