Jump to content



Photo

DAX is dead: -20% by March 2018


  • Please log in to reply
12 replies to this topic

#1 Swiss Trader

Swiss Trader

    Member

  • Traders-Talk User
  • 1,226 posts

Posted 22 November 2017 - 12:40 PM

All Time Highs, just above 13500 will not seen again for years

My FF is that we will have a severe decline at least to 10700-10200 area by February-March 2018 then a bounce and down again below 9500

Fully short

 

DAX.png

 


                                                             tLCTRQ5.jpg


#2 andr99

andr99

    Member

  • Traders-Talk User
  • 4,165 posts

Posted 22 November 2017 - 02:12 PM

the dax usually draws a long distribution when topping......and so far I don' t see any distribution marking an LT top. Everything is possible obviously, but what are the reasons why for such a scenario ? For example I' m seeing it to 14000 by early January and then a good correction into February- March....but nothing to do with an LT top. Curious why you have such a scenario.....due to any pattern or what ?  


forever and only a V-E-N-E-T-K-E-N...with lombardic soul


#3 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 969 posts

Posted 22 November 2017 - 02:22 PM

Think same for RUT
"we do G.d's work" Lloyd Blankfein

#4 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 8,707 posts

Posted 22 November 2017 - 02:32 PM

Yep...the upside objective for the DAX of 13,500, that was given 3 years ago, has now been met (this target was given in an "andr99" thread).

 

Here's the latest data through last Friday for further discussion.

 

Fib

 

breadthdax111717.png


Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

Technical Watch Subscriptions

Technical Watch Twitter Page

Technical Watch Facebook Page


#5 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 10,916 posts

Posted 22 November 2017 - 02:51 PM

It's a harbinger for US market, just a matter of timing.............


Edited by redfoliage2, 22 November 2017 - 02:54 PM.


#6 andr99

andr99

    Member

  • Traders-Talk User
  • 4,165 posts

Posted 22 November 2017 - 02:53 PM

Yep...the upside objective for the DAX of 13,500, that was given 3 years ago, has now been met (this target was given in an "andr99" thread).

 

Here's the latest data through last Friday for further discussion.

 

Fib

 

breadthdax111717.png

 

does this mean you too think the dax has marked an LT TOP at 13600 and such level won' t be seen again for years ?


forever and only a V-E-N-E-T-K-E-N...with lombardic soul


#7 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 8,707 posts

Posted 22 November 2017 - 03:23 PM

It's a harbinger for US market, just a matter of timing.............

 

Think of the DAX as that of the NASDAQ and comparing it with the FTSE and the NYSE respectively.

 

Fib


Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

Technical Watch Subscriptions

Technical Watch Twitter Page

Technical Watch Facebook Page


#8 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 8,707 posts

Posted 22 November 2017 - 03:25 PM

 

Yep...the upside objective for the DAX of 13,500, that was given 3 years ago, has now been met (this target was given in an "andr99" thread).

 

Here's the latest data through last Friday for further discussion.

 

Fib

 

breadthdax111717.png

 

does this mean you too think the dax has marked an LT TOP at 13600 and such level won' t be seen again for years ?

 

 

There isn't enough technical information to make that kind of call...only that the longer term upside target, given by the DAX breadth MCSUM, has now been met.

 

Fib


Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

Technical Watch Subscriptions

Technical Watch Twitter Page

Technical Watch Facebook Page


#9 CLK

CLK

    Member

  • Traders-Talk User
  • 8,214 posts

Posted 22 November 2017 - 04:24 PM

Big divergence with the A/D line. You don't see anything that severe in US markets except for the 2000 top.



#10 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 8,210 posts

Posted 22 November 2017 - 05:09 PM

ur all not listening......WATCH THE SKY!!!!!