#DAX is it time to sell in May and go away?

The break of 11830 in German DAX will complete a Bearish trend reversal on the Daily charts confirming the formation of a new lower top on the weekly charts and endorsing the long-term bearish structure.

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The swing below 11830 has brought to an end the sequence of higher tops and higher bottoms on the daily chart aligning it with the downtrend on the weekly charts