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TheTradingPitstop

DAX Downtrend

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Germany 30 (OANDA:DE30EUR)  
TheTradingPitstop  
OANDA:DE30EUR   Germany 30
Trend Analysis Fundamental Analysis DAX Index
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trendanalysis fundamental dax
DE30EUR

  • Global stocks has been in a downtrend since June 2018
  • With investors fearing the next Economic crisis the Bulls are unlikely to enter
  • "Growth in the Euro area Economy is projected to slow gradually from 2.4 percent in 2017 to 2.2 percent in 2018 and to 1.9 percent in 2019"
  • Economists are estimating a slow down in the Global Economic Outlook.
  • The Fed has changed their Economic outlook to more Dovish and their estimated 4 Interest rate Hikes are becoming less likely
  • Could this be the start of the Down Cycle in the world economy?
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