Month: October 2016

Dax Outlook 2016 W42

The Dax behaved more or less in line with expectations. Undershooting the 10’400 and the recovering up to 10’600 points. The first drop was driven by weak data from China but then it found support around 10’360 and recovering back

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Dax Outlook 2016 W41

The Dax was not able to surpass the highs from September this year and retraced just below the 10-day-MA. The MACD is still slightly bearish, the RSI fell to 49.64 and the VDAX rose to 19.24. This week corrections till

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Dax Outlook 2016 W40

AFter dropping below last weeks low and shortly below the 90-Day-Moving-Average, the Dax recovered on Friday to 10’511 points. The sell-off in banking shares especially Deutsche Bank was weighing heavily on the index. The MACD is still slightly bearish, the

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