DAX - a worst case scenario

23 בפבר׳ 2022

In case of a black swan event, we can easily nuke to the 10k areas. Hopefully it will not happen and this scenario remains a sci-fi, but the setup is similar to the COVID crash. Now the Ukrainian crisis can ignite the selloff. Technically we lost the 200 moving average and the last line of defense around 14.800 area (clearly rejected today).