- Jan 28, 2026
DAX Index could loose big time
There is a huge downside risk in the DAX Index. Here's how to profit from a plunge.
Chances look good that the DAX, along with all U.S. indices, will plunge lower.
Price was unable to reach the white centerline. This produced a Hagopian (price travels farther in the opposite direction than the distance from which it came).
If the DAX opens and closes outside the lower median-line parallel of the white fork, I will put on my shorts...all of them.
The target is clearly the centerline, where the red arrow is pointing.
Keep in mind that this is a weekly chart.
My entry, however, will be based on the daily timeframe.
Wishing you all a great week.
Emilio