And what follows after the fantastic Dax bear market rally? "Take profits," I recommend. For if the market participants behave as in the previous months, at the latest now is a good time to join the mass of traders.
For the German stock exchange is among other things at the upper limit of the downward trend line since October 2018, which could bring investors to the share sale. "Against this background, the risk / reward ratio is no longer optimal for further acquisitions, I think it is the opposite - at least for a short time". Profit taking may initially expand towards the 10,600 mark.
Good luck with the trade!
Beste Grüsse aus Frankfurt am Main
Emin Schmidt