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MDAX - Log versus Linear perspectives

MDAX - Log versus Linear perspectives

MDAX Index EUREX:DM1!

MDAX is the index that benefited the most from the QE in the last few weeks (mid cap Germany). While looking at the linaer chart, the index is hitting into resistance. Whilie looking at the Log scale chart, it seems some vertical upside could be remaining to 20,000 (7%higher) after which the progress would be limited to 10% per year and probably not linearly. This is only a big picture - for local trading check my next post.