The DAX index recently broke above a long-term resistance over the last 25 years.
This breakout might be a **fakeout**, meaning it could reverse soon.
**No strong macroeconomic reasons** seem to support this breakout.
Long-term channels are usually hard to break without solid fundamentals.
Market rallies like this often **retrace back into the channel**.
Watch for a possible **reversal or consolidation** in the near term.
What are your thoughts on this? Do you think this breakout is sustainable?
This breakout might be a **fakeout**, meaning it could reverse soon.
**No strong macroeconomic reasons** seem to support this breakout.
Long-term channels are usually hard to break without solid fundamentals.
Market rallies like this often **retrace back into the channel**.
Watch for a possible **reversal or consolidation** in the near term.
What are your thoughts on this? Do you think this breakout is sustainable?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.