DAX last bull breath? Bears are waking up slowly...

Oct 29, 2015

Expect that DAX will test again the all time highs until December 2015. I think december FOMC meeting can bring the 1st rate hike since 2006. My opinion bulls will lose control in 2016 and bears will come and bring DAX to 5.500 area (see the red line from the last lows) .

SHORT TERM - BULL
LONG TERM - BEARISH

See chart to understand my view...