Dax Outlook Week 48
The Dax started the week 47 with a fall of more than 100 points. Whilst the 5600 level (50% Fibo) only served as support on Monday the Dax’s strong fall came to a halt around the 5400 on Thursday and …
Category: Markets Analysis Trading
Dax Outlook Week 47
 In week 46 the Dax covered a range of about 300 points, starting at 6097 and probably washing out a lot short speculators before moving down to 5800 by the end of the week. Combining the highs on 28.10.11 …
Dax Outlook Week 46
In week 45 the news on the European situation were still dominating the Dax. the Dax tested the 5750 level once more as the euphoria about a solution for the Eurozone disappeared. The index found support at 5720 and bounced …
Dax Outlook Week 45
In week 44 the Dax fell a lot more than i expected. This was driven mainly by Greeces comments on holding a public vote on their issues. The 5750 level held again and from there the Dax regained some ground …
Dax Outlook Week 44
In week 43 the Dax wasnt able to close above 6085 until Thursday when the EU decision on the widening of the ESFS led to a jump in the index. Im still not sure if that is investors celebrating the …
Dax Outlook Week 43
The Dax stabilized above the 5740 level but on the other hand could also not make a new high since 17.10.11 (6081 points). For a clearer picture the index would have to move out of the range between 5740 and …
Dax Outlook Week 42
What a week. On stronger sentiment and news changing to a more positive outlook on the slowak parliament´s vote most shares rebounded strongly. Bullish news is that we broke the recent downtrend and even managed to break above some of …
Dax Outlook Week 41
The Dax recovered from lows of 5125 last Tuesday and managed not only to recover but also to break the previous highs 5655 (16.09.) and 5704 (29.09.). This put the Dax into a more bullish light. The MACD is positive, …
Dax Outlook Week 40
Quite a gap up from previous lows occured in this week. The MACD turned positive and the Dax managed to reach a high of 5704 above the 50% fibonacci level. The VDAX is still relatively high as the insecurity in …
Dax Outlook Week 39
Last week the Dax lost even more ground coming back from an open at 5447 to a close at 5196 by the end of the week. As in the previous week the support level around 4960 was tested again. The …