If you follow closely german stockmarket analysts then you might have mention this:
Only 4 weeks ago the bias was deeply short. No one predicted, that the DAX might be there where the DAX is today.
Guess now what´s happens today: Stockmarkets analysts now predicting that the dax might rise now further to 11.620-11.680. What does this mean? Only two weeks ago the same analysts are prediciting that the DAX will go lower to 11.000 - 10.800. Some of them left a lot of retail investors behind with short positions betting the DAX to fall more than a few point below 10.600-10.800. This is a miss of almost 1.000 Points in less than one month only.
And again: Analyst today talking like business as usual about almost 11,7 k are the same wich are talking about that the DAX has ---> to go down and maybe ends 2016 with 9.XYZ. And this is a huge miss of allmost 2.000 Points, folks.