DAX Analysis by @jbcycles

Total Quality
Score
42.89
1.1600000000
1.05
DAX
1H
Fail
Free
Analysis Predict Bear Market
Technical
The analysis reviews the German DAX, Indian NIFTY, Bitcoin, and the Norwegian OBX, using a 3.5-year cycle for insight. The DAX is nearing the top of its 3.5-year cycle, with some potential topping formation before it rolls over, with end of June bearish. The NIFTY topped early with a potential double top or lower shoulder formation, expecting a cycle getting more bearish late summer and fall. Bitcoin is showing a double top in the bearish zone, going down to the neckline and breaking the trendline. The Norwegian OBX could top out at any moment and fall into the fall, noting caution. Historical analogs using wavelet analysis is indicating there could be topping around early June. Target and failure levels are inferred, not explicitly provided.
Principled
Comprehensible
Accurate
Fast Result