Month: August 2016

Dax Outlook 2016 W35

The Dax fell below the moving average and closed the week at 10’587 points. The MACD is bearish, the RSI fell to 57.51 and the VDAX is at 18.98. The Feds speech sounded a bit more towards an increase in

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2016 W33

The Dax continued to rise, closing the week at 10’713 points. Therefore the chart picture has turned very positive for the bulls again. Especially on Tuesday it made a strong move upwards. The MACD is bullish, the RSI rose 68,92

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2016 W32

The Dax eased to 10’100 last week before recovering up to 10’367 by the end of the week, closing on the upper line of the downward trend. Positive job-market-data from the US has helped to brigthen the picture. The correction

Posted in Market Comments Tagged with: , , ,