Not much to write here. The longterm support seems to be breaking right now, and this could get ugly fast.
I don't think it will go below 8100 though, this is the lowest possible target that I see for the next 12-16 months.
Interesting times ahead.
I don't think it will go below 8100 though, this is the lowest possible target that I see for the next 12-16 months.
Interesting times ahead.
Nota
...or not. Seems that the support did just hold last minute. This could mean that the above scenario is invalidated.Nota
...or yes. It seems that with this newest wave of dumps, the longterm DAX support has been broken at last, and the above scenario could hold true after all. Fascinating times!Nota
Looks like we are on track for the above prediction:Nota
Time to update this old idea, which, crazy enough, seems to come to fruition. Who would have thought that the 10 year stock bullmarket without correction, would indeed sooner or later come to an end, hehe.We are on track, DAX could hit mid 8000s in mid 2019:
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