Tag: pattern
A bear market is in
Everything is changed and Dax and several others indices entered in a bear market and for good.
We are experiencing very high levels of volatilility with the Dax topping 1000+ pips a day.
Things will calm down but this wouldn’t mean a rapid recovery. At all.
DAX possibly regaining some ground next week
Really a bad week for the DAX, that broke the 12K mark and has been hovering below, and regained the level just on the futures market helped by Wall Street recupering ground in the final hours. Technically the DAX has broken the bearish flag on the daily chart.
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Dax rebounds but doesn’t break the downtrend
The DAX managed to rebound from the important support ending the week in positive territory
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Great pattern unfolding
This week I will cover something extremely interesting going on on the DOW Jones. A quite rare but effective candlesticks formation has fully developed on the chart
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