Dax Outlook Week 09
Instead of going down and then recovering, the Dax decided to go up first then retrace and then recover again. The VDAX eased further to 20.83, RSI is in the neutral zone and the MACD still in bearish territory. A …
Instead of going down and then recovering, the Dax decided to go up first then retrace and then recover again. The VDAX eased further to 20.83, RSI is in the neutral zone and the MACD still in bearish territory. A …
My prognosis of a retracement was definitely proven wrong last week. Whilst being sideways at the start, it opened lower on Thursday but recovered sharply during the day and also on Friday. ECB starting to exchange Greek Bonds as a …
After the huge rise at the beginning of February the Dax continued to make higher highs but also could not sustain them during the week. Insecurity about Greece’s measures to tackle the crisis led to a sell-off on Friday closing …
The Dax continued its steeper and steeper uptrend during last week, meaning my porgnosis of a consolidation was definitely wrong. On Friday better US jobless data fuelled a rallye in the Dax causing it to rise about 100 points. The …