Month: November 2013

Dax Outlook Week 49

The Dax broke out of the upper trendline last week and closed the week around 9’410 points. The MACD is bullish again, the RSI is still oversold and the VDAX is lower at 11.89. I repeat my opinion from last

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Dax Outlook Week 48

Apart from little moves below 9’200 the Dax managed to close the week above this level going along the upper trendline. The MACD is still bearish, the RSI is still oversold and the VDAX is lower at 11.53. The uptrend

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Dax Outlook Week 47

The Dax approached the 9’200 again this week but failed to cross above 9’190. The MACD is still bearish, the RSI is still oversold and the VDAX is at 11.86. Most likely 9’200 is going to be the resistance for

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Dax Outlook Week 46

After the Doji that appeared in the Dax at the begiining of last week, the market did not turn and continued to be bullish. The lowering of interest rates by the ECB propelled the market up to 9`194 which created

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