The DAX index recently broke above a long-term resistance over the last 25 years.
This breakout might be a **fakeout**, meaning it could reverse soon.
**No strong macroeconomic reasons** seem to support this breakout.
Long-term channels are usually hard to break without solid fundamentals.
Market rallies like this often **retrace back into the channel**.
Watch for a possible **reversal or consolidation** in the near term.
What are your thoughts on this? Do you think this breakout is sustainable?
This breakout might be a **fakeout**, meaning it could reverse soon.
**No strong macroeconomic reasons** seem to support this breakout.
Long-term channels are usually hard to break without solid fundamentals.
Market rallies like this often **retrace back into the channel**.
Watch for a possible **reversal or consolidation** in the near term.
What are your thoughts on this? Do you think this breakout is sustainable?
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.