Month: October 2014

Dax Outlook 2014 W43

After a sell-off down to 8’355 on Thursday the Dax developed a candle with a long lower shadow and closed only marginally lower than the previous day. This move accompanied with the high volume gives the impression that temporarily a

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Dax Outlook 2014 W42

Down, down,down… The selling to 8’950 took place the last week but it didn’t stop there. Late on Friday 8’763 was reached. The MACD is very bearish, the RSI is at 22 and the VDAX rose to 19,80. After this

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Dax Outlook 2014 W41

Market participants reacted to weak economic date and the breaking of several support levels, hitting 9’195 on Friday but managed to recover to 9’285 after the close. The MACD is bearish, the RSI is at 32 and the VDAX rose

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