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DAX for the Close of August 2015

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Lobo
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DAX for the Close of August 2015

Post by Lobo on Tue 01 Sep 2015, 1:23 pm

DAX for the Close of August 2015
Posted on September 1, 2015 by Martin Armstrong


On the monthly level, the DAX has not yet given a long-term sell signal. August indeed produced the Panic Cycle the computer highlighted for August, and we still see September as a target for a turning point.

If the DAX can establish a low with the ECM, then it will be in a position to rally further upon electing any Bullish Reversal generated from that low. This would seriously imply that the shift from public to private assets will be seen in Germany as well.

This entry was posted in Current Forecast and tagged August Close, Current Outlook, DAX, German DAX Cash by Martin Armstrong. Bookmark the permalink.
http://www.armstrongeconomics.com/archives/36755

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