DAX March 2023
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Should be a good decade for DAX after the likely breakout of this multi year range
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Getting thereNota
This will be very interesting over summerNota
Initial sloping downNota
Good decline so far, but i think likely the decline gets more complex than i initially envisionedNota
What is happening hereNota
So far exactNota
Out of the dreaded red boxNota
BoomNota
DAX tends to make intermediate highs in AprilNota
No stopping thisNota
Grinding higher as expectedNota
Most people are confused as to why DAX grinds up while DE economy in in shambles. This is how markets workNota
And just on time.... Bloomberg headline today: "German Stocks' Record Run Defies Deepening Economic Gloom". Markets have their own logic. How can you explain otherwise that I had given this path in March 2023!
Anyway, next 6 to 12 months will be more volatile and treacherous
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Trend is beautiful
Penafian
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