Dax Outlook 2015 W08
On Friday the Dax hit a high of 11’013 points but formed a Shooting Star as it could not hold above 11’000 points. The MACD is bearish, the RSI is neutral but lost some ground and the VDAX fell to …
Category: Market Comments
Dax Outlook 2015 W06
Two short episodes above 10’800 and the Dax had to give up ground again. Mostly driven by fears about the proceedings after the greek vote. The MACD is bullish, the RSI is neutral but broke through its upward trend and …
Dax Outlook 2015 W05
After the announcement of the ECB to buy bonds for 60 billion each month till September 2016, the Dax shot above 10’600 points. The MACD is bullish, the RSI is slightly overbought and the VDAX is down to 19.61. For …
Dax Outlook 2015 W04
The Dax broke through the resistances last week and reached 10’228 on Friday. News that the Swiss National Bank is dropping to support the 1.20 floor on the EURCHF Exchange rate led to high volatility on currencies and shares. The …
Dax Outlook 2015 W03
Last week the Dax recovered a bit but was not able to cross above 9’830. It has formed a wedge now (in maroon) and a breakout to the top would offer a further potential of around 500 points. The MACD …
Dax Outlook 2015 W02
Not the most wonderful start into the new year. On the first day of the second week the Dax lost around 3% falling below its 10-day MA. Concerns over a possible win of the left wing party of Greece put …
Dax Outlook 2014 W50
After a bearish engulfing which covered the past 6 trading days, the Dax broke reached a new all-time-high closing the week at 10’087 points. The MACD is bullish, the RSI is overbought at 71.3 and the VDAX is 14.11. Whereas …
Dax Outlook 2014 W49
The Dax moved with great strength through the resistance at 9’400 and moved on towards the previous high at 10’034. The MACD is bullish, the RSI is overbought and the VDAX is 15.21. The coming week will show if the …
Dax Outlook 2014 W47
After the recovery on Monday, a Doji on Tuesday led to a reversal back to the downward trend. The trading in the Dax showed some indecision with small bodied candles at the end of the week. The MACD is still …
Dax Outlook 2014 W45
The Dax returned from its lows and recovered even with a gap on Friday after the announcement of the Bank of Japan to provide some money to the markets. The MACD is bullish, the RSI recovered to 58,85 and the …