Two Other World Indices That Look Like They Need a Further Decline: $FTSE and $DAX

Because of the mounting risk signals I have been seeing, I have gravitated toward the view that $ES may need to make one more splash to put in this big “E-Wave” of its even bigger “B-Wave” (you may review the look of that decline here). Other world indices look compatible with this, and I will display two of them, the $FTSE and the $DAX.

Here is the $FTSE as I see it:

FTSE

And here is the $DAX:

DAX


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