If you read all this ideas published here in December 2016 you might see that nothing happened "suprisingly" in Europe.
But everybody even the chart will tell you another story. But whatever you might hear isn´t true. The "German Angst" and the fears over Italy have been well over done.
Germany´s larges Stockmarket Newspaper asked 5.000 Investors about there sentiment for 2017. The avarage expectations for the end of 2017 for the DAX is 10.950 or more than 3% lower as we are right now.
Shorterm based only 19% expecting the DAX to rise more until End of 2017. So where we are right now? If you follow my trading ideas first off all you have a net gain of allmost 1.000 points in the DAX. The Stockmarket is going rocket like straight up and not down, as more than 85% off all investors expected.
Where we are excatcely? The DAX is now at 11.300 Points. This might be a kind of resistance line but it is based only on one "point" from November 2015. If the DAX cross this line than the next resistance line ist the former All Time High.
What does this mean?
If the DAX could start tommorrow or in the following days above 11.300 than there is nothing what can prevent the german stockmarket from further gains.
On Monday morning the DAX startet the pre trading at 10.275 but was sold off in less than 5 Minutes. Tommorrow the german stockmarket will try to get higher once more. Even the DAX might fail tomorrow again than watch any following day if the Market can go higher to trigger a new bull market ----> followed by most European Stockmarkets. What we might see early as tommorrow is a brought based rally all over Europe and a not single Event in Germany or the DAX.