Dax Outlook Week 05
In week 04 the Dax stayed well above the 7’600 level with a low of 7’634. This lead to a breakout of the consolidation range which it had entered since the start of 2013. The MACD is still still slightly …
Category: Market Comments
Dax Outlook Week 04
After a short dip at the start of week 03 the Dax managed to finish the week just above 7’700 points. The MACD is still negative, the RSI retreated further from the oversold range and the VDAX hovers around 13.40. …
Dax Outlook Week 03
In week 2 the Dax consolidated which seemed long due. It did not manage to make new highs and formed mostly red candles. The MACD turned negative, the RSI retreted slightly from the oversold range and the VDAX hovers around …
Dax Outlook Week 02
After the ralley at the end of last year, I see a high probability for a correction this week despite the still unbroken upward trend. But since this is the 1st report of 2013 it is probably better to keep …
Dax Outlook Week 50
In week 49 the Dax even rose further and closed the week around 7’517 points. The VDax rose to 14.26, the MACD is very bullish and the RSI is now overbought. I still think this ralley is not justified but …
Dax Outlook Week 49
Week 48 started quite volatile and the discussions about the helps for Greece kept market participants nervous. The Dax rose further and closed the week around 7’405. The VDax fell to 13.91, the MACD is very bullish and the RSI …
Dax Outlook Week 48
In week 47 the Dax only knew one direction and that was up. It started at 7’020 and closed the week at 7’309 points. The VDax fell to 14.65, the MACD crossed to bullish on Thursday and the RSI has …
Dax Outlook Week 47
In week 46 the Dax continued to fall on the back of weaker economic data and closed the week around 6’950. The VDax rose to 18.86, the MACD is well bearish and the RSI has gone to oversold. The Dax …
Dax Outlook Week 46
After a positive start into the week 45 the Dax fell sharply on economic concerns to 7’163. The VDax rose to 18.28, the MACD is back to bearish and the RSI has gone to the lower end of the neutral …
Dax Outlook Week 45
The Dax recovered again in the previous week overshooting the trendchannel in the chart but still closing below of the high of 18.10.12. The VDax eased to 16.37, the MACD is just bullishh and the RSI is still more or …