Quick analysis on 2GBDear German traders, I made an analysis for you on the 2GB to inform you that it's not the appropriate time to buy it, you must wait for the price to break the tough resistance level it keeps pulling back on for the past year.
Germanbanks
DAX SHORT POSITION/MASSIVE PULLBACK BY GERMAN ECONOMY Hi guys.
Today i'm going to explain why do i expect a massive pullback in German economy.
Technicaly :
* Daily MACD bearish
* Weekly bear crossover projected to happend in a matter of weeks and manifest " in no time" so to say, because DAX index shows signs of SERIOUS WEAKNESS having on mind level (12.7xx index points).
* Wall Street so called " experts" claim that it's impossible to predict time frame, but that's their opinion and it's wrong, that's why I'm the one holding 4 WORLD RECORDS REGARDING STOCKS :)
-2676 billion $ SHORT on SPX
- 5000 billions $ SHORT on SPX
-25.000 billion $ SHORT on SPX
-40.000 billion $ SHORT on SPX
Here is 25.000 billion USD SHORT on S&P500 posted on January 30th (few days before collision from 3400---->2200 index points).
REGARDLESS OF HOW MUCH THEY ARE PAID, they don't have a clue and everything they do is "scalping" with large margins and nothing but that :)
YES, I CAN LAUGH THEM AT THE FACE AND PROVE THAT I M NUMBER 1 IN THE WORLD WITHOUT BEING MODEST, BUT ONLY OBJECTIVE AS ALWAYS.
Short your positions with marging which could go up to X10 (but super "safe play") is X4, X5 leverage.
Don't exagarate, don't blow your margins.
Once again, German economy is in front of massive collision (we've seen signs of serious weakness in March) when DAX sank to 8000 index points).
ECB in Frankfurt is trying to maintain liquidity with stimulative package of 750 billion euros + additional 250 billion euros which is only delaying of IMMINENT collision.
Please, don't buy on top, clear your positions and you will be more than good.
Thanks for reading and good luck to everyone following my Technical and Fundamental analysis.
Don't listen to guys who tell you it's " buy time" because ITS NOT !!!
Cheers.
From Serbia with love
Deutsche Bank: Projected top and long term Sell Entry.Deutsche Bank (DB) has been on a strong medium term rise on the 1W chart since the August low (RSI = 65.146, MACD = 0.232, ADX = 21.619, Highs/Lows = 0.9691). This rise is the bullish leg of the long term Channel Down (since 2012), that is aiming for a Lower High inside the pattern.
The previous Lower High bounces have been 85% on average and the last one made a peak on the 0.500 Fibonacci retracement level. Currently this level is at 11.35, which fits the +85% rise model. This is also where the price meets the technical rejection point of the 1W MA200 (orange line) which has been acting as a Resistance since May 2008.
With the RSI already inside the Sell Zone, we believe it is best to wait for this top to form and sell back towards the 6.45 Low.
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Deutsche Bank Commerzebank Merger Good for EquitiesThe fundamental analysis of this is fairly easy. Mergers are good for stocks. Why? Because it usually means increasing profitability. Why? Because it oftentimes leads to reducing inefficiencies and eliminating two teams that could be consolidated into one whether its with commercial banks, foreign exchange desks, etc. This merger would lead to the cutting of 30,000 jobs in Germany which would clearly help push the mega bank in a positive direction towards profitability. If talks progress positively, expect both Deutsche Bank (bars) and Commerzebank (pink) to edge up. But let's not forget, these two banks' stocks have been in the gutter since the 2008 Financial Crisis and both greatly underperformed the DAX (dark blue) and the Eurostoxx 50 (light blue). More words on this here: anthonylaurence.wordpress.com
