Dax Outlook 2017 W35
Last week the Dax stabilised further trading roughly between 12’000 and 12’260. The MACD is bullish, the RSI is at 46,32 and the VDAX-NEW is at 15,01. The support is still in the 12’000 area, where also the 200-Day SMA …
Category: Market Comments
Dax Outlook 2017 W34
Last week the Da stabilised around the 12’000 level just without dropping belwo the 200 Day MA. This was followed by a rebound to 12’300, which could not be held on the weeks closing. The MACD is slightly bullish, the …
Dax Outlook 2017 W32
The Dax moved sideways last week, bouncing back from around 12’100 and recovering towards 12’300. The MACD has improved but is still bearish, the RSI is at 46,46 and the VDAX-NEW is at 13,05. The next support is in the …
Dax Outlook 2017 W31
The Dax recovered for 2 days from the lower Bollinger Band before falling back to it on lower levels. The MACD is bearish, the RSI is at 34,25 and the VDAX-NEW is at 13,99. The next support is in the …
Dax Outlook 2017 W30
The Dax fell below 12’300 on Friday. A strong Euro and a collusion probe of the EU on German carmakers weighed on the index. The MACD turned bearish, the RSI at 34,55 and the VDAX-NEW is at 14,97. The Dax …
Dax Outlook 2017 W29
The Dax recovered from the 12’300 and reached a high of 12’676 on Thursday. The MACD turned bullish, the RSI at 53,25 and the VDAX is at 12,34. By turning back up the downside risk has been reduced and another …
Dax Outlook 2017 W27
The Dax dropped quite steeply last week from around 12’760 to around 12’380 on Friday. A stronger Euro weighed on the stock market and a speech from the ECB which was interpreted as the beginning of the end of the …
Dax Outlook 2017 W26
The Dax reached a new high of 12’951 point in the last week. Some downward pressure came from falling oil prices. The MACD is still bearish, the RSI at 51,87 and the VDAX is at 12,99. The uptrend from Dec’16 …
Dax Outlook 2017 W24
The Dax went up to 12’875 in the last week and therefore hit the upper Bollinger Band last week. The MACD is still bearish, the RSI at 63,20 and the VDAX is at 12,30. The uptrend from Dec’16 is still …
Dax Outlook 2017 W23
After esting the support at 12’600, the Dax moved up above 12’800 on Friday but did not break the 12’850 resistance. The MACD is still bearish, the RSI at 68,02 and the VDAX is at 12,04 (very low). The uptrend …