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Home > DAX Is The Most Overbought Since The Peak In 2000

DAX Is The Most Overbought Since The Peak In 2000

By Tyler Durden
Created 03/24/2015 - 07:06
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 03/24/2015 07:06 -0500



 

Th German DAX stock market index has only been this extended relative to its 200-day moving-average once in history... March 2000 - and that did not end well...

 

[2]

 

Thank you Mr. Draghi...

 

Chart: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-03-24/dax-most-overbought-peak-2000

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[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/03-overflow/20150324_DAX.jpg