Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Monday, February 16, 2015
DAX Germany Weekly Chart Record Highs
DAX explodes above 11K last week as ECB Presdient Draghi fires the QE money bazooka letting euro's rain down on the continent to send the euro (XEU) lower and pump stocks higher. The DAX is at record highs wanting to breakout further as traders are drinking ECB wine daily and buying stocks. The central bankers are the market. The DAX is far above the 2007 market top. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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