DAX Doubles S&P Past Year, Could Top Here

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The DAX being white hot over the past year, how it handles resistance could well impact the S&P 500 going forward!

The DAX index has been HOT over the last year, up 25% in the past year. The chart below reflects that it up over twice what the S&P 500 has gained in the past year.

The chart above reflects that the DAX finds itself testing rising channel resistance as momentum has created a series of lower highs.

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With the DAX being white hot over the past year, how it handles resistance could well impact the S&P 500 going forward!

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