Month: October 2011

Dax Outlook Week 44

In week 43 the Dax wasnt able to close above 6085 until Thursday when the EU decision on the widening of the ESFS led to a jump in the index. Im still not sure if that is investors celebrating the

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Dax Outlook Week 43

The Dax stabilized above the 5740 level but on the other hand could also not make a new high since 17.10.11 (6081 points). For a clearer picture the index would have to move out of the range between 5740 and

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Dax Outlook Week 42

What a week. On stronger sentiment and news changing to a more positive outlook on the slowak parliament´s vote most shares rebounded strongly. Bullish news is that we broke the recent downtrend and even managed to break above some of

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Dax Outlook Week 41

The Dax recovered from lows of 5125 last Tuesday and managed not only to recover but also to break the previous highs 5655 (16.09.) and 5704 (29.09.). This put the Dax into a more bullish light. The MACD is positive,

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Dax Outlook Week 40

Quite a gap up from previous lows occured in this week. The MACD turned positive and the Dax managed to reach a high of  5704 above the 50% fibonacci level. The VDAX is still relatively high as the insecurity in

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