Dax Outlook 2016 W51
The Year End Ralley has started nicely and the Dax rose up to 10’404 until Friday. The MACD is highly bullish, the RSI at 76.03 and the VDAX at 14.73. The Dax has risen sharply in the last two weeks …
Category: Market Comments
Dax Outlook 2016 W49
The Dax is still trapped in the sideways range between 10’200 and 10’800. It found some support around 10’400 points last week. The outcome on the italian referendum could cause some volatility at the start of week 49. The MACD …
Dax Outlook 2016 W42
The Dax behaved more or less in line with expectations. Undershooting the 10’400 and the recovering up to 10’600 points. The first drop was driven by weak data from China but then it found support around 10’360 and recovering back …
Dax Outlook 2016 W41
The Dax was not able to surpass the highs from September this year and retraced just below the 10-day-MA. The MACD is still slightly bearish, the RSI fell to 49.64 and the VDAX rose to 19.24. This week corrections till …
Dax Outlook 2016 W40
AFter dropping below last weeks low and shortly below the 90-Day-Moving-Average, the Dax recovered on Friday to 10’511 points. The sell-off in banking shares especially Deutsche Bank was weighing heavily on the index. The MACD is still slightly bearish, the …
Dax Outlook 2016 W39
The Dax recovered nicely last week making 300 points from 10’326 to 10’626. The MACD is still slightly bearish, the RSI rose to 56.12 and the VDAX fell to 15.67. The 10’800 has come back into reach since with the …
Dax Outlook 2016 W38
After falling already below 10’400 on Monday, the Dax fell further and with the maturity date on Friday reached lows of 10’260. The MACD is bearish, the RSI fell to 39.19 and the VDAX rose to 19.82. The 10’800 has …
Dax Outlook 2016 W36
The Dax tested levels below 10’500 last week but turned up again on Friday supassing 10’700 in late trading. The MACD is bearish, the RSI rose to 59.26 and the VDAX fell to 17.53. After successfully defended the 10’490 level, …
Dax Outlook 2016 W35
The Dax fell below the moving average and closed the week at 10’587 points. The MACD is bearish, the RSI fell to 57.51 and the VDAX is at 18.98. The Feds speech sounded a bit more towards an increase in …
Dax Outlook 2016 W33
The Dax continued to rise, closing the week at 10’713 points. Therefore the chart picture has turned very positive for the bulls again. Especially on Tuesday it made a strong move upwards. The MACD is bullish, the RSI rose 68,92 …