Does DAX afraid of the second wave of the pandemic?

The index broke the short-term rising channel, with the rise of the second wave sounds in Europe. Although countries do not want to close their economies, this risk seems to exist for investors.

In this case, in the positive scenarios for the index, the pre-pandemic peak may be the bullish target, whereas, in the fall, it can return to the fib 0,618 level it passes quickly.

Only personal opinions and ideas. Does not include "Legal Investment Advice"...