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Happy Easter to all! Next issue of free GUNNER24 Newsletter is published and mailed on April 28th!

Current Free Newsletter Issue

After predicting the probable short- and medium-term course of the Dow Jones Industrial Average last Sunday, today I am devoting myself to the DAX/FDAX on special trader request. So that also the European-based traders can get a rough idea of how much potential in terms of price and time their European Stock Market indices should still have until the next medium-term highs are likely.

Like always, for my DAX analysis, I refer to charts of the DAX futures contract FDAX.

The FDAX closed the week at 12041 pts and is now just 400-450 points away from its supposed spring-top environment. That's now only 2, 3 stronger uptrend days until then... European traders should therefore use the current upward wave to reduce long-term long positions and cover mid-term oriented longs cause overcoming that hurdle after such a strong 4-month rally is very unlikely without first taking a longer breather:




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NQ 100G24UpG24Downnone1522838240G24UpG24Downnone1522838622G24UpG24Downnone1546949501G24UpG24Downnone1547232543
Last Update: 2019-04-16 15:27 CEST
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