As the German DAX closed the week at new ATH, it is interesting to see the differences between the U.S leading index and the Euro Zone leading one.
While the
SPY created a weekly double top, just above 200$, the 
DAX used its weekly support (blue rectangle) to create a double bottom and a new weekly high.
The markets anticipate a major move by the ECB and the preparations have already started. We saw it clearly this week as the markets interpreted every bad economic data into a daily rally..they are now buying the rumors and the question is what will happen if Super Mario will fail to deliver? it could be devastating to the European stock markets, lead by the DAX
While the
SPY created a weekly double top, just above 200$, the DAX used its weekly support (blue rectangle) to create a double bottom and a new weekly high.The markets anticipate a major move by the ECB and the preparations have already started. We saw it clearly this week as the markets interpreted every bad economic data into a daily rally..they are now buying the rumors and the question is what will happen if Super Mario will fail to deliver? it could be devastating to the European stock markets, lead by the DAX
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.