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20.11.201908:45 Forex Analysis & Reviews: Mighty DAX LT_comeback or late to the party?

Long-term review

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The mighty DAX has been for a long time the best performer not only in Europe but globally. Back in 2013, it already regained the values previous to the Big Crisis (> 8,000 level), being the strongest among the European Indices. Actually it has been the only, as netiher the CAC nor the IBEX or FTSEmib have achieved this target yet.

The German one has been the only EU index following the successful path of its American peers. However, in early 2018, close to 13.500 level, something changed.

Without taking a clear stance over what will be next (even if probably you are about to undersatnd I'm not a raging bull at these valuations), it must be said that actual levels are very interesting for entering a trade, even in the mid-long term, with some great risk-rewards ratio.

Stay safe!

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