Month: June 2012

Dax Outlook Week 26

Last week we had some strong upward momentum at the beginning but then we fell sharply, marking a high of 6’427 on Thursday and a low 6’256 on Friday. Friday’s candle was indicated a “Shooting Star” which is a sign

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Dax Outlook Week 25

Last week the Dax reached a low of 6’073 on Thursday but the rose to 6’229 on Friday in high volume trading. The market expects actions from the central banks adding more liquidity. The VDax rose to 29.57, the MACD

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Dax Outlook Week 24

The Dax dropped below 6’000 marking a low of 5’969 at the beginning of last week before advancing to 6’230. It wasn’t able to hold up there and eased back to 6’130 for the weeks close. The VDax retreated to

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Dax Outlook Week 23

The Dax was further losing ground during last week. It fell from a high of 6’426 on Monday to 6’050 on Friday. Further discussions of a Greek Eurozone Exit in combination with disappointing economic data brought the shares down. The

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