The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Technical Analyst, Saxo Bank
Summary: Bears remain in control of the Dax index, but a minor rebound appears likely. We still see strong support just above the 10,000 level.