Dax Outlook 2016 W17
After a rise up to 10’450 in the previous week, last week the Dax decided to go bearish on the back of a falling USD and some worse than expected US economic date on Friday. The MACD turned bearish, the …
Category: Market Comments
Dax Outlook 2016 W16
Another try of the 10’100 took place and currently it is looking relatively bullish. The MACD is bullish, the RSI is at 58.81 and the VDAX fell to 19.07. Not sure if it is a bear market ralley or the …
Dax Outlook 2016 W14
The 10’100 was tried a third time last week but the Dax didn’t manage to cross it. On Friday the index fell briefly to 9’675 before ending the week at nearly 9’800. The MACD is bearish, the RSI is at …
Dax Outlook 2016 W13
The 10’100 was tried by the Dax last week but it didn’t manage to hold above it. The fight for the 10’000 level was lost on Friday when the index finally dropped to 9’800. The MACD is bullish but declining, …
Dax Outlook 2016 W12
Last week the Dax continued the short-term upward trend closing at 9’950 on Friday, after rising above 10’000 before. The MACD is bullish, the RSI is at 57.89 and the VDAX down to 19.62. The Dax should keep on this …
Dax Outlook 2016 W11
What a week! On thursday when the ECB expanded their QE programme and set interest rates to Zero, the Dax first shot up to nearly 10’000 points just to fall a few minutes afterwards to below 9’500 on Draghi’s comments. …
Dax Outlook 2016 W10
Last week the Dax rose strongly after pushing above the 9’600 level and traded for a sort time above the 9’850 resistance level. The MACD is bullish, the RSI rose to 58,2 and the VDAX down to 21.77. Although the …
Dax Outlook 2016 W09
Last week the Dax continued the recovery and closed the week at 9513 points. Market participants looking at rising oil prices provided support and it reached nearly 9’600 during the day. The MACD is bullish, the RSI rose to 51.45 …
Dax Outlook 2016 W08
Last week the Dax showed some recovery, rising from 8’699 up to 9’551 in the maximum and closing the week around 9’388points. The MACD turned bullish, the RSI rose to 47.7 and the VDAX is at to 26.92. The 9’360 …
Dax Outlook 2016 W06
Sadly enough the Dax fall further on the back of concerns about the growth of the world economy and the stronger Euro. Market participants do not expect the FED to raise interest rates in the near term due to disappointing …