DAX, Done?

Then – Jan 23, 2015, a month ago – and now.

DAX jan 23 2015dax feb 28 2015

We, of course, did not expect the extreme possibility to occur, perhaps we should have. Everything seems to go as far as it possible can. In any event we are now within a day (or two) of that point where the c equals the a as a vector. The has crept up into overbought territory and the MACD is languishing for more than a month now. This is a 36% gain in 4 1/2 months!

PS With today’s high at 11,401.66 we are there as far as I can tell.