The Dax lost ground last week and crashed through the 11’600 support level. 11’400 seems to hold for the moment. A rising Euro removed support for European shares. The MACD is bearish, the RSI is at 39.76 and the VDAX …
This week the Dax showed some upside on Monday and Tuesday and just managed to scratch the 10-day-SMA but then retreatet again, ending the week with a bullish Harami. The MACD is bearish, the RSI is at 47.53 and the …
The breakout above 12’300 has proved false so far. The Dax fell heavily down to 11’688 in the last week. The MACD is bearish, the RSI is at 43 and the VDAX rose to 21.85. Last week showed a stronger …
After consolidating from 12’219 to 11’619 in the last weeks, the Dax broke above the previous high and closed last week at 12’375. The MACD is still slightly bearish, the RSI is at 69.26 and the VDAX down to 17.32. …
The Dax entered a bit of a correction phase last week(as expected), hitting 11’620 at the low but then closing the week at 11’868. The MACD is bearish, the RSI is at 60,45 and the VDAX moved up to 19.43. …
After scratching the 12’200 the Dax dow to 11’800 but on Friday managed to go back above 12’000. The MACD is still bullish, the RSI is at 71 and the VDAX moved slightly up to 18.43. With the last 3 …
The Dax continued the bullish mood in the past week and closed the week at 11’550. Details about the ECB bond-buying-programme starting on Monday lifted the Dax and put pressure on the Euro. The MACD is bullish, the RSI is …
The 4 months prolongation of current credits for Greece boosted the Dax in the last week and it reached 11’401 points at the end of it. The MACD turned bullish, the RSI is moving upward and the VDAX fell to …
On Friday the Dax hit a high of 11’013 points but formed a Shooting Star as it could not hold above 11’000 points. The MACD is bearish, the RSI is neutral but lost some ground and the VDAX fell to …
Two short episodes above 10’800 and the Dax had to give up ground again. Mostly driven by fears about the proceedings after the greek vote. The MACD is bullish, the RSI is neutral but broke through its upward trend and …