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European Markets

German Stocks: “… on the brink of a very dramatic decline”

by Murray Gunn
Updated: October 27, 2020

Ask most investors what's next for European markets, and they'll list many factors they are tracking: COVID-19's second wave, the U.S. election, the ECB's interest rates policy...

But the fact of the matter is, you can forecast what's next for European stocks without looking at any of those factors.

How? Simply by tracking the Elliott wave patterns of market psychology in European stock market charts.

See for yourself how a simple Elliott wave price formation guideline -- first discovered by R.N. Elliott almost 100 years ago -- warned of the ongoing bearish opportunity in Germany's DAX -- Europe's equivalent of the DJIA -- as early as October 14.

Our European Short Term Update editor explains.

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