Friday, July 15, 2011

DAX-Ten year chart

The chart signal in detail:
The DAX is in danger to finish this chart signal once the market is closing benith 6991 points,the low within this formation.That would be as seen above a very bad sign and the very last point to pull the release line.
In the best case scenario the index is leaving this dangerous stage upwards,supported by a good economy forecast and further increasing growth.

The current stage of the DAX is imo like right between two chairs and it wont take long to find out what comes next.As mentioned i hope for the big crash.:)

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