Captain_Walker

The DAX could crumble - big head & shoulders

Short
FX:GER30   DAX Indice azionario tedesco
The weekly time frame head and shoulders, plus weak rebellion of price creates probability on lower time frames for the south. Price has moved back up to test the base of the H&S. This is the traditional expected move before a retreat comes.
The DAX has been leading Wall Street and other markets. If this falls soon, expect shockwaves globally.

'Expectation' does not mean prediction. Have a look.

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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