As fundamentals are “out of favor” at the moment … here the chart perspective for the DAX: Copyright by Tradestation As you can see, the German DAX is in a weekly downtrend since the start of 2008. I highlighted the following areas: 1. The start of the acceleration of the downtrend. 2. The attempt to [...]

VW’s index weight will be capped per Monday in the DAX and the Euro Stoxx. As the weighting cap in the DAX is 10%, but VW’s actual weight is 30%, we will have an interesting Friday CLOSE So BE AWARE!!! This is nothing for the fainthearted

The fundamental picture is clear … what about the chart??? When will it be played out??? I think NOW(!!!) … Bears have NOW the chance to crack this market … IMHO … From the top, we had ONE move down … many times shortened and stopped by black magic of Ben, Hank and the boys [...]

Unfortunately, I encounter since yesterday major electricity and internet outages Hope to be back up soon … thanks for bearing with me! Today’s news … ALL negative … – BoE sees inflation for several(!) quarters above target … risk for LOWER growth … recession possible. – Moody’s again looking at bond insurers … BE AWARE!!! [...]