Months of consolidation/correction for the DAX
Fondamentally : There are no signs of a coming reversal. However, the end-of-year rally seems to be done.
Technically : 6th november high happened at a end of cycle plus a major fib APP level. Since the same signs are present on the major US indices, my main scenario for EU and US indices will be neutral for the next months.
Technically : 6th november high happened at a end of cycle plus a major fib APP level. Since the same signs are present on the major US indices, my main scenario for EU and US indices will be neutral for the next months.