DAX about to correct very hard

2021年3月8日

Chart with trendlines drawn from 1984. Pay attention to the red line, see it on the daily below.

One last bullish exhaustion move up before generational top.

Here is the daily zoom in.

2021年3月9日

註釋

I throw in the towel and swear off index futs trading forever if this does not play out.

2021年3月11日

註釋

Speechless.

2021年3月16日

註釋

Past four days of distribution up in here. Would not want to be a bull right now!

2021年3月22日

註釋

DAX weekly broke out of 20 year rising wedge and closed back inside. I did not adjust the lines at all since I drew them on the initial idea.

2021年3月22日

註釋

DAX daily looks to have closed just on the resistance breakout.

2021年3月26日

註釋

March 26, 2020. Overnight gap up outside 20+ year wedge for the second time, last was March 18th. Very strange, things aren't making sense anymore. DXY strength and continued treasury weakness. There is something really big brewing behind the scenes, can't put my finger on it but I know its there.

Daily chart.


Monthly close up.


3 month chart for clarity.