Dax Outlook Week 34
In week 33 the Dax kept relatively well above its moving average and managed to finish the week around 7’040. The VDax eased to 18.14, the MACD is still slightly bullish and the RSI is neutral in the upper region. …
Category: Market Comments
Dax Outlook Week 33
In week 31 the Dax was relatively rangebound amd stayed above the 6’900 level. The VDax eased to 18.66, the MACD is still bullish and the RSI is neutral in the upper region. For the coming week 32 my expectation …
Dax Outlook Week 32
In week 31 showed quite some moves in the Dax. After losing quite some value at the start of the week, the Dax rebounded sharply. The VDax declined to 19.53, the MACD is back to bullish and the RSI also. …
Dax Outlook Week 31
In week 30 the Dax was quite volatile on the back of news about a possible Greece exit and the also on the ECB assuring support of the Eurozone debtors. The VDax rose to 22.09, the MACD is just about …
Dax Outlook Week 30
In week 29 the Dax shot up during most of the week but gave up about half of the gains in a heavy volume Friday sell-off. The VDax rose to 20.46, the MACD is still bullish and the RSI is …
Dax Outlook Week 29
In week 28 the Dax went along the predicted line until Friday where it heavily overshot and closed the week at 6’541. The VDax fell to 19.61, the MACD is still bullish and the RSI is again neutral in the …
Dax Outlook Week 28
In week 27 the Dax heavily overshot my last prediction. It reached the 6’490 already on Monday and then marked a high of 6’641 on Thursday. The VDax stayed around 21.82, the MACD is still bullish and the RSI is …
Dax Outlook Week 27
The Dax broke through the 6’280 and easily reached 6’416 for the weeks close after EU ministers agreed to losen credit requirements. The VDax fell to 21.53, the MACD is still bullish and the RSI is neutral. Last week 6’280 …
Dax Outlook Week 26
Last week we had some strong upward momentum at the beginning but then we fell sharply, marking a high of 6’427 on Thursday and a low 6’256 on Friday. Friday’s candle was indicated a “Shooting Star” which is a sign …
Dax Outlook Week 25
Last week the Dax reached a low of 6’073 on Thursday but the rose to 6’229 on Friday in high volume trading. The market expects actions from the central banks adding more liquidity. The VDax rose to 29.57, the MACD …