The Dax was further losing ground during last week. It fell from a high of 6’426 on Monday to 6’050 on Friday. Further discussions of a Greek Eurozone Exit in combination with disappointing economic data brought the shares down. The …
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The Dax rose nearly to 6’400 last week but wasn’t able to hold the gains and closed the week around 6’340. Discussions about a possible Greek exit of the monetary union were bringing hsares down. The VDax dropped slightly to …
The Dax continued to fall throughout last week marking lower highs every day. It closed the week at 6’271 points. The VDax rose tp 27.65, the MACD continued bearish and the RSI shows an oversold situation. For the coming week, …
Last weeks prognosis proved wrong. The Dax went straight down and marked a low of 6’375 on Wednesday but then closed at 6’579. Market participants are still feeling insecure about the current situation in Europe. The low on the 9th …
Despite the bank holiday on 1st of May, the Dax moved more than 300 points last week undershooting my prognosis(turquoise). It went through the 6’600 and hit the top of the previous downtrend at 6’546 before recovering slightly. Most likely …
After a test close to 6’480 the Dax turned and recovered every day from Tuesday to Friday and closed last week at 6’801. Good news during the week and especially good U.S. consumer spending were the drivers of the recovery. …
The Dax made a recovery last week but a lot more than I expected in my forecast (pink) and then instead of falling to lower levels, the index remained sideways closing the week at 6’750 points. The VDAX fell to …
European sovereign debt fears and disappointing U.S. data led to falling share prices last week. The Dax recovered mid of last week but then reached a low of 6552 on Friday. It has gone through most of the moving averages …