Dax Outlook Week 07
In week 06 the Dax fell sharply even below the 7’600 but managed to regain some ground towards the end of the week. The MACD switched to negative, the RSI is in the lower neutral area and the VDAX jumped …
In week 06 the Dax fell sharply even below the 7’600 but managed to regain some ground towards the end of the week. The MACD switched to negative, the RSI is in the lower neutral area and the VDAX jumped …
In week 05 the Dax showed some weakness after the previous big move upwards. The MACD is again slightly negative, the RSI is in the upper neutral area and the VDAX is still hovering at 12.61. The doors up to …
In week 04 the Dax stayed well above the 7’600 level with a low of 7’634. This lead to a breakout of the consolidation range which it had entered since the start of 2013. The MACD is still still slightly …
After a short dip at the start of week 03 the Dax managed to finish the week just above 7’700 points. The MACD is still negative, the RSI retreated further from the oversold range and the VDAX hovers around 13.40. …
In week 2 the Dax consolidated which seemed long due. It did not manage to make new highs and formed mostly red candles. The MACD turned negative, the RSI retreted slightly from the oversold range and the VDAX hovers around …
After the ralley at the end of last year, I see a high probability for a correction this week despite the still unbroken upward trend. But since this is the 1st report of 2013 it is probably better to keep …
In week 49 the Dax even rose further and closed the week around 7’517 points. The VDax rose to 14.26, the MACD is very bullish and the RSI is now overbought. I still think this ralley is not justified but …
Week 48 started quite volatile and the discussions about the helps for Greece kept market participants nervous. The Dax rose further and closed the week around 7’405. The VDax fell to 13.91, the MACD is very bullish and the RSI …
In week 47 the Dax only knew one direction and that was up. It started at 7’020 and closed the week at 7’309 points. The VDax fell to 14.65, the MACD crossed to bullish on Thursday and the RSI has …
In week 46 the Dax continued to fall on the back of weaker economic data and closed the week around 6’950. The VDax rose to 18.86, the MACD is well bearish and the RSI has gone to oversold. The Dax …