DAX30 Potential Eve and Adam Double Bottom

5 mars 2020

We have achieved our medium-term target at 12.000.

Supportive - easing - monetary policies of the major central banks may cause another bullish retracement in indices shorter term.
- The FED, RBA, BoC, BoJ, ECB-

Breakout of the neckline can be used as a buying opportunity.

Note: The FED's rate cut does not mean anything by itself if not supported by the repo and swap operations. Medium-term, it is just a needle to bubble.

Good Luck