Well, it is no secret and surprise that DAX is very volatile. The recent drop on the index is though a bit sharp chart pattern wise. Below a 1D DAX chart
DAX 1D CHART
Almost exactly one year ago there was a quite similar drop on DAX as we have now seen. The drop started very sharp and then a rebound / range trading before the crash to ~5000 points.
I’m not saying that we will see such a crash once again but the recent sharp drop on DAX is almost (so far) similar to the one last year. So the question is, rebound here and how far..?
