RE: DAX update 20.01.18

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DAX update 20.01.18

in dax •  7 years ago 

Do you think the recent hawkish signal from the ECB is real. If QE is tapered off, I will be less inclined to agree with your analysis here.

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I don't care about fundamentals. Imo this gonna be a blow off top regardless of what the ECB or the Euro or Kim or Trump does, because I believe 100% in waves and in "news will arrive to justify the count".
My count suggests a sharp correction by a few thousand points later this year.

when does your count suggest the correction coming? Mid or year end? many thanks

starting anywhere between july and december. EW is not very good at measuring time.