Month: September 2012

Dax Outlook Week 40

In week 39 the Dax first fought with the 10-day moving average but lost on the third day and dropped 3 consecutive days closing the week at 7’216. The VDax rose to 18.40, the MACD moved well into bearish and

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Dax Outlook Week 39

In week 38 the Dax first dropped but then recovered and walked again to the upper band of the channel. The VDax eased to 16.76, the MACD stayed bullish and the RSI is nearly oversold. Currently the news on the

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Dax Outlook Week 38

In week 37 the Dax slightly overshot the upper band of the channel twice. The decision of the German High Court for the go ahead of the ESM gave the market some positive momentum. The Dax closed the week at

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Dax Outlook Week 37

In week 36 the Dax managed to break out above the 7’000 after 2 tries in the last couple of days. Expectations of more quantitative easing from the ECB and FED fueled the rally. The VDax plummeted to 17.60, the

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Dax Outlook Week 36

In week 35 the Dax recovered from early losses at the end of the week  closing the week around 6970. The VDax rose to 21.80, the MACD is more bearish and the RSI is still neutral in the upper region.

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