DAX formed a Massive Falling wedge in 2022.
Remember a Falling Wedge is >1 month... A Pennant is < 1 Month
The 7 >21 >200MA and the RSI is well above 50 showing upside to come.
The target remains at 16,375
HOLD - BULLISH\
The January Effect where investors and institutions are still buying stocks and assets to start the year. They have offset their taxes and are now piling into the markets that they believe will run up.
Hence the global rally.
Also, Inflation seems to have hit its peak for now (with America CPI dropping to 6.5% this week). These are all good factors for a strong economy.
Remember a Falling Wedge is >1 month... A Pennant is < 1 Month
The 7 >21 >200MA and the RSI is well above 50 showing upside to come.
The target remains at 16,375
HOLD - BULLISH\
The January Effect where investors and institutions are still buying stocks and assets to start the year. They have offset their taxes and are now piling into the markets that they believe will run up.
Hence the global rally.
Also, Inflation seems to have hit its peak for now (with America CPI dropping to 6.5% this week). These are all good factors for a strong economy.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.