Dax Outlook 2016 W05

The Dax recovered last week on the back of rising oil prices.

The MACD is bullish, the RSI rose to 44.92 and the VDAX is at to 27.39.

A recovery above 9’850 would open room up to 9’930 to 10’000

Support:           9’750, 9’600, 9’360, 9’214, 9’000, 8’903

Resistance:      9’850, 9’930, 10’000, 10’150, 10’320, 10’570, 10’800, 11’000, 11’200,  11’286,11’380, 11’400,11’600, 11’800, 12’200,  13’500, 14’000, 14’500

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