Month: June 2016

Dax Outlook 2016 W24

The Dax fell a bit further and reached a low of 9’430 before recovering to 9’631 on Friday. The MACD is bearish, the RSI fell to 38,44 and the VDAX rose to 30,90. It will be interesting to see what

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2016 W23

In calender week 23 the Dax showed weakness. Uncertainty about the Brexit Referendum, FED Interest rate actions and a less bullish outlook from the IMF weighed on the dax. The MACD turned bearish on Friday, the RSI fell to 40,21

Posted in Market Comments Tagged with: , , ,