Month: November 2011

Dax Outlook Week 48

The Dax started the week 47 with a fall of more than 100 points. Whilst the 5600 level (50% Fibo) only served as support on Monday the Dax’s strong fall came to a halt around the 5400 on Thursday and

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Dax Outlook Week 47

  In week 46 the Dax covered a range of about 300 points, starting at 6097 and probably washing out a lot short speculators before moving down to 5800 by the end of the week. Combining the highs on 28.10.11

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Dax Outlook Week 46

In week 45 the news on the European situation were still dominating the  Dax. the Dax tested the 5750 level once more as the euphoria about a solution for the Eurozone disappeared. The index found support at 5720 and bounced

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Dax Outlook Week 45

In week 44 the Dax fell a lot more than i expected. This was driven mainly by Greeces comments on holding a public vote on their issues. The 5750 level held again and from there the Dax regained some ground

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