The Dax moved with great strength through the resistance at 9’400 and moved on towards the previous high at 10’034. The MACD is bullish, the RSI is overbought and the VDAX is 15.21. The coming week will show if the …
After the recovery on Monday, a Doji on Tuesday led to a reversal back to the downward trend. The trading in the Dax showed some indecision with small bodied candles at the end of the week. The MACD is still …
The Dax returned from its lows and recovered even with a gap on Friday after the announcement of the Bank of Japan to provide some money to the markets. The MACD is bullish, the RSI recovered to 58,85 and the …
After a sell-off down to 8’355 on Thursday the Dax developed a candle with a long lower shadow and closed only marginally lower than the previous day. This move accompanied with the high volume gives the impression that temporarily a …
Down, down,down… The selling to 8’950 took place the last week but it didn’t stop there. Late on Friday 8’763 was reached. The MACD is very bearish, the RSI is at 22 and the VDAX rose to 19,80. After this …
Market participants reacted to weak economic date and the breaking of several support levels, hitting 9’195 on Friday but managed to recover to 9’285 after the close. The MACD is bearish, the RSI is at 32 and the VDAX rose …
The breakout out of the flag seems to have been a false one so far. The Dax was not able to surpass the 9’900 level this week and this resistance was confirmed by high volume. Furtermore comments by the Bank …
After forming a flag over the last 9 periods the Dax broke out on Friday claiming back the 9’800 level. News that the Fed will not raise interest rates too soon supported the move. The MACD is slightly bullish, the …
The Dax seems to nicely move within the recently established upward channel closing the week at 9’747. The MACD is bullish, the RSI is in the upper neutral and the VDAX is at 14,29. As the prices have run quite …
After touching the 9’600 at the start of the week, the Dax moved to the lower barrier of its upward trend around 9’380. The MACD is still bullish, the RSI is neutral and the VDAX is at 15.79. For the …