A chart showing the German DAX index's performance alongside the percentage of stocks hitting new highs (blue line) and new lows (red line). While the DAX has been trending upwards, the percentage of stocks reaching new lows is rising sharply, indicating weakening trend quality. source: www.wallstreetcourier.com
German #DAX uptrend is showing cracks!
The % of stocks hitting fresh 52-week lows is rising. With such weak #trendquality, the probability of a sudden reversal is high!
#MarketTrends #Stocks #GermanDax
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