After having met his resistence, DAX drop also thanks to the instable political issue.
Merkel / Erdogan tug of war is suggesting only 2 scenarios: Europe visa-free for Turkish citizens or refugees invasion.
European Bank stress test: banking system isn't able to regain confidence soon. Germany’s Commerzbank AG and Deutsche Bank AG tumbled to new record lows.
Retail terrorism: Merkel open-door refugee policy is already consider a failure. It's only a matter of time and she must resign, influencing also the Euro currency.
TA: MACD shows a decline and we gonna have a confirmation of this decrease, when Bollinger gonna meet MA200.
Merkel / Erdogan tug of war is suggesting only 2 scenarios: Europe visa-free for Turkish citizens or refugees invasion.
European Bank stress test: banking system isn't able to regain confidence soon. Germany’s Commerzbank AG and Deutsche Bank AG tumbled to new record lows.
Retail terrorism: Merkel open-door refugee policy is already consider a failure. It's only a matter of time and she must resign, influencing also the Euro currency.
TA: MACD shows a decline and we gonna have a confirmation of this decrease, when Bollinger gonna meet MA200.
Note
Bollinger still too far from MA200. Waiting for a good entry
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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.