Dax Outlook 2016 W36
The Dax tested levels below 10’500 last week but turned up again on Friday supassing 10’700 in late trading. The MACD is bearish, the RSI rose to 59.26 and the VDAX fell to 17.53. After successfully defended the 10’490 level, …
Tag: Dax Outlook
Dax Outlook 2016 W35
The Dax fell below the moving average and closed the week at 10’587 points. The MACD is bearish, the RSI fell to 57.51 and the VDAX is at 18.98. The Feds speech sounded a bit more towards an increase in …
Dax Outlook 2016 W33
The Dax continued to rise, closing the week at 10’713 points. Therefore the chart picture has turned very positive for the bulls again. Especially on Tuesday it made a strong move upwards. The MACD is bullish, the RSI rose 68,92 …
Dax Outlook 2016 W32
The Dax eased to 10’100 last week before recovering up to 10’367 by the end of the week, closing on the upper line of the downward trend. Positive job-market-data from the US has helped to brigthen the picture. The correction …
Dax Outlook 2016 W31
After breaking the 10’200 the Dax closed at 10’337 last week and there reached the upper end of the downward trend channel. The MACD is bullish but declining, the RSI rose to 63,7 and the VDAX is at 17.92. There …
Dax Outlook 2016 W30
After a bit of a sell-off on 19.07. the Dax reached 10’200 last week and then closed around 10’130 points. The MACD is bullish, the RSI rose to 58.78 and the VDAX fell to 17.51. There is still some potential …
Dax Outlook 2016 W29
The Dax was losing a bit of steam since Wednesday after crossing the 10’000 points. The MACD is bullish, the RSI rose to 57.42 and the VDAX fell to 19.32. A correction towards 9’800 points seems to be likely during …
Dax Outlook 2016 W24
The Dax fell a bit further and reached a low of 9’430 before recovering to 9’631 on Friday. The MACD is bearish, the RSI fell to 38,44 and the VDAX rose to 30,90. It will be interesting to see what …
Dax Outlook 2016 W23
In calender week 23 the Dax showed weakness. Uncertainty about the Brexit Referendum, FED Interest rate actions and a less bullish outlook from the IMF weighed on the dax. The MACD turned bearish on Friday, the RSI fell to 40,21 …
Dax Outlook 2016 W21
Overall bullish economic data fuelled the Dax’s ralley up to 10’298 points in calendar week 21. The MACD is bullish, the RSI rose to 60.58 and the VDAX is at 19. The recent recovery to nearly 10’300 ligthed up the …