EWG Germany iShares (EWG)

[JefftDecker]

$DAX

playing EWG puts when appropriate where activity shows,
Jan 19 33 puts for now .33/.45

from technicalindicatorindex.com

We are tracking an ominous textbook perfect, massive Rising Bearish Wedge pattern for Germany's DAX that will complete in 2018 and lead to a powerful and lengthy stock sell-off. See charts on page 15. This pattern is predicting an 80 percent plunge in the DAX that will start in 2018 and last for years. Of course, if Germany's DAX gets bitten, there will be a contagion that spreads to other major stock indices globally.

if this is true, then bad times ahead, but yes head and shoulder pattern
in DAX and that means down to $3000? wow, contagion indeed/