Month: November 2014

Dax Outlook 2014 W49

The Dax moved with great strength through the resistance at 9’400 and moved on towards the previous high at 10’034. The MACD is bullish, the RSI is overbought and the VDAX is 15.21. The coming week will show if the

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2014 W47

After the recovery on Monday, a Doji on Tuesday led to a reversal back to the downward trend. The trading in the Dax showed some indecision with small bodied candles at the end of the week. The MACD is still

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2014 W45

The Dax returned from its lows and recovered even with a gap on Friday after the announcement of the Bank of Japan to provide some money to the markets. The MACD is bullish, the RSI recovered to 58,85 and the

Posted in Market Comments Tagged with: , , ,