Hello guys, on the image you can see the main reasons behind the Dax short but I'm going to explain you briefly my thesis:
1. the german economy is weak, you can see it from this link: twitter.com/AndrewFiora/status/1165953682007056384/photo/1
2. no fiscal stimulus seems to be ahead for Germany, you can see it from here ft.com/content/89ee6e46-c6b2-11e9-a1f4-3669401ba76f this would improve the the GDP as the GDP is defined as Y = C + I + G + NE, with NE going down and G nearly to 0 , an higher G will have a good impact on GDP but you know they're German, they stick to their dumb rules on debt
3. the economy is frigile given the weak economic activity across the world, if it does not pick up big times ahead
4. rectangle accumulation phase, which is usually a sign of trend continuation (bearish)
5. similar action as back into nov-dec 2018
1. the german economy is weak, you can see it from this link: twitter.com/AndrewFiora/status/1165953682007056384/photo/1
2. no fiscal stimulus seems to be ahead for Germany, you can see it from here ft.com/content/89ee6e46-c6b2-11e9-a1f4-3669401ba76f this would improve the the GDP as the GDP is defined as Y = C + I + G + NE, with NE going down and G nearly to 0 , an higher G will have a good impact on GDP but you know they're German, they stick to their dumb rules on debt
3. the economy is frigile given the weak economic activity across the world, if it does not pick up big times ahead
4. rectangle accumulation phase, which is usually a sign of trend continuation (bearish)
5. similar action as back into nov-dec 2018
Nota
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.