TROUBLED DAX - POSSIBLE H&S
The DAX could be heading into new trouble as Europe goes into turmoil. I see a head and shoulders in there on this 30 min time frame. It's never perfect. These take on a wide variety of shapes. Have a look. (Note disclaimers).
Disclaimers: This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Disclaimers: This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Commento:
It's not that that didn't work. The charts don't work on the market. The markets have a mind of their own. Now we move on to reassess where the market is.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
