DBD Strategy Daily - DAIMLER'S BEARISH REVERSAL
Investors are rushing to "safety" as they buy more US Techno stocks, while Sell signals are being confirmed little by little. Asian indices have not closed their bearish gaps, they joined new marginal lows this morning. The Auto sector is confirming the shy signal that came earlier this week. Daimler is triggering a head-and-shoulders top. We reviewed major European Automakers for the different levels that will confirm bearish trends, and for potential targets.
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