US30/DEU30 - SHORT; Even the DAX is a better deal than US ...... Equities. - And once accounted for the currency differential, this spread (Short) looks even better and better.
Here is the Weekly;
Deu30eur
DAX potential inverse H&S patternRSI divergence and 200SMA is a clear resistance and neckline. We could see a spike through it and a buy opportunity. MPO of pattern could retrace the whole move from yesterday. 50SMA and fib levels could become minor resistance areas.
Please support the idea and share your thoughts on DAX!
Good Luck and Stay Healthy!
