German Stocks: “… on the brink of a very dramatic decline”

The strong recent decline in Germany’s DAX has many investors worried — after all, the DAX is Europe’s equivalent of the DJIA. Now see how a simple Elliott wave price formation guideline — first discovered by R.N. Elliott almost 100 years ago — warned of the DAX’s bearish opportunity as early as October 14. Our European Short Term Update editor explains.

 

READ  Hotels & Resorts stocks are overpriced and the market hasn't realized it yet