Germany Stock Index (Wild Swings Ahead)View On German Stock Index (6 MAR 2020)
It is just like a ping-pong ball that falls to the strong floor.
Once it hits the hard floor, we can expect a strong bounce and follow by the series of small bounces.
This is exactly what is happening right now.
I do not expect another strong bearish move like what we had last 2 weeks ago.
Instead, we shall see strong swings up/down and this is where you need to be careful. Big money can be made but big money can be lost too.
Once the wild swings get frizzled out, this is where the slow trend will emerge and it will last long.
In general, as long as 12,500 level is not broken up, it can go lower in medium (3-6) months' timeframe.
DYODD, all the best and read the disclaimer too.
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Thank You!
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