Dax Speculator didn't short the market because he never traded the Ascending Broadening Wedge (if you didn't see it, you can go to: https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdHd4cDMqNVtBPTmTMIG4UfojdtgQPeoqM-04YU-CDw0DgjNXP41cGkWm4yDEXZrVRKrT-0ArBZ_ngdjI61Jcgux_i5fPKn6bjQt5DJdYGnPDZGiS0AD3_dNImG0I3dKT0aiYRIE6e_WA/s1600-h/SX5E-STX_w_12OUT_BWAsc.png) pattern before. So Dax Speculator wasn't confortable we it.
The pattern is being activated in the DAX (see the chart above) but the DAX has some imperfections and Dax Speculator, like a fox, waits for more and clearer signs of Mr. Market... ;-)
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