Dax - Long - Pre probable rate cut/ QE in September

2019년 8월 26일

We currently see the Dax going up but this is long term position where we are expecting QE and rate cuts in Q4 to lead to upward surge in the Index. The Dax could consolidate at this area around $11640 before gaining momentum towards $12000. However, we expect volatility due to the ongoing trade war notably due to mixed signals coming from both the US and China.