The DAX is making the same formation these weeks as it did in 2007 and the end of 2011 (see below). I am not saying this is a dooms day scenario but correction always comes faster than one thinks, there is pretty good support around the 9000 level however when we look at the past actions following similar formations then this correction could be towards the 7700 to 8000 area.
The Oscillators on the standard RSI are making the same indications, new highs on the price but RSI has lower highs so should indicate that the new high has a good chance of being false.
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