DAX MACD Sell signal on weekly chart

Well, as mentioned in previous charts, we were subjected to Covid 19 news and stimulus. Stimulus will not happen until after elections, and corona situation is getting worse, with many countries in Europe entering in strict lockdowns affecting small and medium business.

Targets to keep in mind are in blue. My bias for now is short. Pfizer is pushing to release the vaccine, good news coming from there will give us a nice push. Until then I think we have space to continue lower.