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Wednesday, 18 March 2020

European Banks especially Deutsche Bank (NYSE: DB): 18 March 2020, Wednesday

Deutsche Bank (NYSE: DB): 
18 March 2020, Wednesday
(Click on Technical Chart above to Expand)

Attached is the Technicals for Deutsche Bank (NYSE: DB; listed in Germany and also listed in US Market). Deutsche Bank is in serious trouble based on Technical Price Actions.

In addition, below are Europe's top 10 riskiest banks in 2019.
(They may have intense corona selling pressure) 1. Deutsche Bank (2019 Assets $1501.2 billion) 2. DZ bank (2019 Assets $562.4 billion) 3. Societe Generale (2019 Assets $1457.7 billion) 4. Groupe BPCE (2019 Assets $1417.6 billion) 5. BNP Paribas (2019 Assets $2271.8 billion) 6. Caixa Bank (2019 Assets: $430 billion) 7. Lloyds (2019 Assets $780.6 billion) 8. UBS (2019 Assets: $1066.8 billion) 9. Commerzbank (2019 Assets: $514.5 billion) 10. Barclays (2019 Assets: $859.7 billion)

Their clutches have melted.
Someone out of the 10 above may collapse like corona-pneumonia.

The Donovan Norfolk Technical Rating for European Banks and Deutsche Bank:
High Bearishness

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