DAX about to correct very hard

2021년 3월 8일

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.

2021년 3월 9일

노트

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

2021년 3월 11일

노트

Speechless.

2021년 3월 16일

노트

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

2021년 3월 22일

노트

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.

2021년 3월 22일

노트

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

2021년 3월 26일

노트

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.