Having a close look on the monthly chart, one can see, that it is about decision time for the DAX …
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It moved since 2003 in an uptrend which it even broke to the upside in April, this year all the way back to the former All-Time-High, but was not able to close […]
The bigger view shows that we are chartwise clinging to the “last” uptrend … the shortest one … starting in July 2007 …
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After already breaking the more important uptrends (2003 and 2006) … we are at the moment creating a “M-Formation” reversal pattern within a still possible flag formation …
BUT … if we […]
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