Wednesday, 17 May 2017
Germany DAX Index: 17 May 2017, Wednesday, 11.59am Singapore Time
Germany DAX Index:
17 May 2017, Wednesday, 11.59am Singapore Time
Attached above is the Technicals for Germany DAX Index, reflecting the strongest equities market in Europe. The German financial market continues to lead Europe and Germany is still the leader of Europe. The break-up of RED classical resistance reflects the strong fundamentals of Germany and the break-up of BLACK classical resistance signals that the worldwide bull markets, including bull market in Europe, are far from finished and still has plenty of fresh legs. Index investors (investors of a basket of blue chips) will continue to be rewarded.
Trump's possibility of being impeached may bring some short term blip or volatility to market but will not damage any up move momentum of stock markets all over the world in the mid term and long term. Stay focused. Do not let any bearish noise affect judgement.
As forwarned, in markets all over the world, out of every 10 stocks, 8 will super rally.