After stalling at 11’000 the Dax began to move downwards reaching almost 10’600 during the day and closing at 10’677. It all looks that the volatility is going to stay. Whilst the USD had been falling because of an increased …
Expectations about futher money injections by the central banks and a more unlikely gotten FED interest rate rise. The MACD is bullish, the RSI in an Uptrend at 53.99 and the VDAX is down to 20.96. Even though it looks …
The scandal about VW manipulating the emissions tests for their cars has been adding to the bearishness in the DAX. The Dax tested the 9’360 level again but managed to close the week around 9’607. The MACD is bearish, the …
The FEDs decision on leaving the interest rates at current levels should have been good news for the equity markets. The comments about risk factors from lesser chinese growth and a fragile status of the economy lead to a sell-off …
Scared about about chinese growth prospects stock markets plummeted further in the last weeks. The Dax experienced a sell-off on 24.08.15 falling down to 9’338 points. The MACD is bearish, the RSI recovered to 39.31 and the VDAX is at …
The Dax plummeted through the support at 11’200 on China’s Yuan devaluation and the found support at the 61,8% Fibonacci level around 10’900. Speculation if under this circumstances an interes rate rise in The US will still happen is going …
Altough the Dax went through 11’200 the week before, this week the level provided good support. On Wednesday we reached 11’655 before giving up some of the gains on Thursday and Friday. On Friday good job data from the US …
After reaching 11’800 in the high on Monday, weak data from China, US and Europe brought the Dax down to 11’347 by the end of the week. After close it even went below that. The MACD is still bullish, the …
The Dax traded sideways last week awaiting the Greek Referendum. The MACD is bullish, the RSI is at 43,53 and the VDAX rose again to 27,09. The Greek “No” will have to be digested during the next week. It seems …
Last week the Dax was trading along the upper limit of the downtrend, in expectation of a deal with Greece. The MACD is bullish, the RSI is at 53,99 and the VDAX lowered to 23,01. No idea whats gonna happen …