Dax Outlook Week 49
The Dax broke out of the upper trendline last week and closed the week around 9’410 points. The MACD is bullish again, the RSI is still oversold and the VDAX is lower at 11.89. I repeat my opinion from last …
Tag: Technical Analysis
Dax Outlook Week 48
Apart from little moves below 9’200 the Dax managed to close the week above this level going along the upper trendline. The MACD is still bearish, the RSI is still oversold and the VDAX is lower at 11.53. The uptrend …
Dax Outlook Week 47
The Dax approached the 9’200 again this week but failed to cross above 9’190. The MACD is still bearish, the RSI is still oversold and the VDAX is at 11.86. Most likely 9’200 is going to be the resistance for …
Dax Outlook Week 46
After the Doji that appeared in the Dax at the begiining of last week, the market did not turn and continued to be bullish. The lowering of interest rates by the ECB propelled the market up to 9`194 which created …
Dax Outlook Week 44
The Dax continued its rise last week crossing above 9`000 and closing slightly below at 8`985. The MACD is bullish, the RSI is now oversold and the VDAX eased slightly to 12.45. Even with the upward trend fully functional, there …
Dax Outlook Week 43
Last week the Dax closed at 8’865 finishing with a strong volume close a week that started with a upside window. The MACD has changed to bullish, the RSI is nearly oversold and the VDAX plummeted from 15.34 to 12.75. …
Dax Outlook Week 42
By the end of last week the Dax jumped massively above 8´700 points and closed Friday with a very small candle. The MACD is still slightly bearish, the RSI is neutral and the VDAX eased from 16 to 15.34. In …
Dax Outlook Week 36
The Dax dropped last week to 8’103. The 8’200 support did not hold. The MACD is bearish, the RSI is neutral and the VDAX has risen to 18.04. In the coming week 36 there would be room to a contra …
Dax Outlook Week 35
After a drop at the beginning of week 34 the Dax recovered towards the end to 8’417. The MACD is slightly bearish, the RSI is neutral and the VDAX eased to 14.72. It seems that there is currently a sideways …
Dax Outlook Week 30
In the last week the Dax dropped back to 8’244. The MACD is still slightly bullish, the RSI is neutral and the VDAX slightly recovered to 16.18. For the coming week I could expect a further drop to around 8’100 …