Dax Outlook Week 16

In week 15 the Dax rebounded from previous lows

The MACD moved back to bearish, the RSI is oversold and the VDAX eased to 16.22 .

In week 16 there is a good chance of some recovery up to 7’790 before the Dax most will probably continue its downward path. Support seem around 7’630 and 7’600.

Disclaimer

 

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