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 …
Last week the Dax found support around the 10’800 level where a couple of supports are The MACD is still bearish, the RSI is at 40,93 and the VDAX moved up to 25,41 which is an extreme since 2012. With …
A further week of losses sent the Dax down to 11’197 breaking the support at 11’360 and even hitting a low of 11’155. The MACD is bearish, the RSI is at 38,49 and the VDAX moved up to 23,49. For …
After the moving up to 11’920 the Dax lost ground and closed the week around 11’411 points. The ongoing discussion about Greece and if it will be able to pay debt or leave the EURO is moving shares mostly. Furthermore …
In very volatile trading the Dax moved sideways and closed the week around 11’447 points. The MACD is bearish, the RSI is at 44,57 and the VDAX moved up to 21,67. It seems there is some good support around 11’150~11’200 …
Last week the Dax was plummeting down to 11’146 where buying interest at the 90-day MA provided support. From there it rallied up to 11’709 and painted a more positive picture, with this closing of the week. The MACD is …