Category: Market Comments

Dax Outlook 2017 W26

The Dax reached a new high of 12’951 point in the last week. Some downward pressure came from falling oil prices. The MACD is still bearish, the RSI at 51,87 and the VDAX is at 12,99. The uptrend from Dec’16

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W24

The Dax went up to 12’875 in the last week and therefore hit the upper Bollinger Band last week. The MACD is still bearish, the RSI at 63,20 and the VDAX is at 12,30. The uptrend from Dec’16 is still

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W23

After esting the support at 12’600, the Dax moved up above 12’800 on Friday but did not break the 12’850 resistance. The MACD is still bearish, the RSI at 68,02 and the VDAX is at 12,04 (very low). The uptrend

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W22

The Dax moved mostly sideways last week, taking a break from the strong rallye before. The MACD is bearish, the RSI at54.43 and the VDAX is at 13.17. The uptrend from Dec’16 is still intact as long as the Dax

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W19

The Dax  rallyed further to new records before the french presidential elections and reached a high of 12’718 points. The MACD is stronglybullish, the RSI at 76.82 and the VDAX is at 15.45. The uptrend is still intact. With Macron

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W15

The Dax  rallyed up to 12’369 points with almost no correction. Military action of the US in Syria caused a very brief drop in shares and rising Gold and USD prices, but within the day shares recovered. The MACD is

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W14

The Dax corrected last week down to 11’850 but recovered soon to around 12’000 again. After the steep ralley at the end of last year the slope in the increases has been slowing down. The MACD is  bearish, the RSI

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W13

The Dax took a big jump in the last weeks and is now consolidating around 12’000 points. Thursday’s and Friday’s trading volumes were unusually high. The MACD is  slightly negative, the RSI at 66,77 and the VDAX is very low

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W06

The Dax traded further sideways. Last week Dax closed above the 11’650 level,  so a continuation of the rallye is possible. The MACD is  still negative, the RSI at 54.81 and the VDAX is at 15.08. After a breakout to

Posted in Market Comments Tagged with: , , ,

Dax Outlook 2017 W04

The Dax tested the lower Bollinger Band but moved mostly sideways last week. The MACD is  negative, the RSI at 64.31 and the VDAX fell to 14.23. For a continuation of the rallye the 11’650 level needs to be held

Posted in Market Comments Tagged with: , , ,