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 …
Tag: Market Comments
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 …
Dax Outlook 2016 W20
Last week the Dax touched the 9’770 for a third time but rebounded to 9’916 by the end of the week. Movements in the Oil price are still influencing the market. Furthermore a more likely interest rate rise in the …
Dax Outlook 2016 W19
Last week the Dax fell again below the 10’100 level and reached a low at 9’768 on Friday and the recovering sharply, closing the week at 9’952. The MACD is bearish, the RSI is at 48.23 and the VDAX fell …
Dax Outlook 2016 W18
Last week the Dax fell below the 10’100 level and reached a low at 9’738. On Firday it closed slightly above the Doji from Thursday The MACD is bearish, the RSI is at 44.17 and the VDAX rose to 22.38. …
Dax Outlook 2016 W17
After a rise up to 10’450 in the previous week, last week the Dax decided to go bearish on the back of a falling USD and some worse than expected US economic date on Friday. The MACD turned bearish, the …