DAX - another alarming pattern

Equity Markets plunged during the last days and despite the fact that today there is some reaction, we are not out of the woods yet.
Overall on the short term I expect more downside.
In addition, the DAX is presenting an alarming pattern which must be followed closely.
As I wrote several times in the past (in previous analysis) it is time for Capital preservation.

Comentário:

The DAX remains weak and vulnerable.
Lower levels should come on a short term basis.