German Dax heads into bear market territory

Technical Analysis

Author: Greg Michalowski | german-dax

Down over 20% from the January high

The German Dax is getting creamed as the day comes to a close and in doing so, is entering bear market territory.

The index is down over 20% from the January high. Ouch.

Year to date, the decline is a bit more modest at -16.50%. That is still not what you want in your investment portfolio. 

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