Overall the Dax went sideways last week by testing 9’497 but recovering quickly and closing the week around 9’692. The MACD decreased but is still bulish the RSI is neutral and the VDAX is unchanged at14.09. The support at 9’500 …
This week the Dax moved down to 9’500 before reversing on Thursday and closing the week around 9’619. The MACD is bullish, the RSI is high and the VDAX is at 14.06. After Thursday’s recovery the Friday candle with the …
The correction phase continued, finding support around 9`000. The MACD is bearish, the RSI is low and the VDAX eased to 16.13. There could be potential for the Dax to go back into the upward trend to 9`350 this week. …
At the start of 2014 the Dax started a correction phase. Although reaching 9’789 in January it then fell to 9’306 by the end of last week. News of the FED about reductions in their bond buying programme were not …
The Dax broke out of the upper trendline last week and closed the week around 9’410 points. The MACD is bullish again, the RSI is still oversold and the VDAX is lower at 11.89. I repeat my opinion from last …
Apart from little moves below 9’200 the Dax managed to close the week above this level going along the upper trendline. The MACD is still bearish, the RSI is still oversold and the VDAX is lower at 11.53. The uptrend …
The Dax approached the 9’200 again this week but failed to cross above 9’190. The MACD is still bearish, the RSI is still oversold and the VDAX is at 11.86. Most likely 9’200 is going to be the resistance for …
After the Doji that appeared in the Dax at the begiining of last week, the market did not turn and continued to be bullish. The lowering of interest rates by the ECB propelled the market up to 9`194 which created …
The Dax continued its rise last week crossing above 9`000 and closing slightly below at 8`985. The MACD is bullish, the RSI is now oversold and the VDAX eased slightly to 12.45. Even with the upward trend fully functional, there …
Last week the Dax closed at 8’865 finishing with a strong volume close a week that started with a upside window. The MACD has changed to bullish, the RSI is nearly oversold and the VDAX plummeted from 15.34 to 12.75. …