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Month: November 2011

Dax Outlook Week 48

By Markus Posted on November 26, 2011 Posted in Market Comments Tagged with Dax Outlook, Technical Analysis

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

By Markus Posted on November 20, 2011 Posted in Market Comments

  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

By Markus Posted on November 13, 2011 Posted in Market Comments

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

By Markus Posted on November 6, 2011 Posted in Market Comments

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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