This idea is based on the previous original idea of a -90% market drop in the year 2020 DAX30: Weekly - Long-term chart targeting 1566 till year 2020 The market will reset this year and drop -90%
Price has met a diagonal 45° trendline resistance and as we enter the month of May it is ready to head down. This graph is an extended version of the previous idea seen/linked below.
Price has met a diagonal 45°trendline resistance and as we enter the month of May it is ready to head down.
Deutsche Bank is moving lower towards 2019-09-16 based on the Mirrored + Flipped Fractal from the latest move from 2019-08-09
Fractal from the period 2018-10-15 - 21:30 - 2018-12-24 - 18:30 2019-04-16 is a cycle low point. Projection Model - 2-Day Cycle - 2019-02-01 - 2019-06-29 i.imgur.com
This is a Two Fractal Pattern made by combining two previous moves to project the coming price moves. The idea is that there is a cycle low point on the date 2019-04-04 and these fractals fit in with it on the price chart. Fractal 1: 2019-02-07 08:00 - 2019-02-14 08:00 Fractal 2: 2019-02-05 14:00 - 2019-02-08 14:00 Targeting lower levels towards the next cycle...
Fractal for the SPX500 copied from period 2018-08-15 - 2018-10-11 targeting lower levels towards the date 2019-04-04 which is also the next cycle low point in the markets. Projection Model - 2-Day Cycle - 2019-02-01 - 2019-06-29 i.imgur.com
Gold Fractal copied from the period 2017-03-24 - 2017-09-08 targeting the 1400 level towards the date 2019-05-08
$DB - Deutsche Bank is now ready to move lower towards the 2019-03-22 cycle low point on Friday next week with the rest of the equity markets. Projection Model - 2-Day Cycle - 2019-02-01 - 2019-06-29 i.imgur.com
Fractal from the period 2017-12-18 - 2018-02-05
If you take the time period 2018-03-12 - 2018-10-11 and contract it and then add it to the latest periodic move from 2018-12-12 till now you get this nice looking fractal. It's funny how everyhing is hidden in plain sight like this as well sometimes.
- Fractal on the Weekly time frame from the period 2015-04-06 - 2015-08-24 - Crossover of the MA's HMA258 = 12780 and HMA369 = 12788 such crossover will result in a large move to the downside soon.
As the default risk for Deutsche Bank keep increasing by the day it is now technically ready to move lower towards it's default target of 0.11€ it is still to date the most obvious contagion to the stock market crash of this decade. However the most likely target on the way down will first be 2.5€ which sits on the trendline from the top notation in May of 2007...
Fractal from the period 2017-12-18 - 2018-02-05
OMXS30 is forming resistance around the current price of 1544 with target 1385 and lower towards March month.
Mirrored Fractal on the 45 Min Time Frame