**This post was originally sent out to Premium TLS Members midday on August 10, 2017.**
This is a special report to point out the nearby substantial cluster of support levels on the German DAX Index. Support may come in at or just south of 12,000. In terms of whether to use an unhedged product, e.g., EWG, or a hedged product, e.g., DXGE, it is up in the air. The Euro is coming off big resistance, but has sold off for the past week. We may add both.
Yes, this purchase would fly in the face of our growing bearishness, but as we mentioned in our video, the setup in Germany is one of the only longs that we would attempt here.
The commentary included in this blog is provided for informational purposes only. It does not constitute a recommendation to invest in any specific investment product or service. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.