Michael-Neubauer

DAX – Correction overdue

XETR:DAX   DAX Index
Short analysis on the DAX in the context of the cyclical calculation

On further rising prices is to be counted on the German leading index only with very much imagination. On the contrary! According to our calculations, a price decline of several weeks must necessarily be included.
We strongly advise against any long positions in the current environment. We see the probability of a further rise with a good risk-reward ratio only far in March.

Our subscribers will receive the coming low (exact turning date and probability of hit) as usual via our distribution list.

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