BayonetMarkets

DAX coming to a brutal end

Short
BayonetMarkets Updated   
OANDA:DE30EUR   Germany 30
Following the DB announcement of 18,000 job cuts, and the wider slowdown in Germany, stemming from Trade War squeezes on various industries, the ECBs money printing program is no longer driving the DAX higher.
Volume and price trending lower
Comment:
Price re-testing zone / trendline.
Waiting for bearish price action
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.