Dax Outlook 2014 W07

Dax Outlook 2014 W07

The correction phase continued, finding support around 9`000.

The MACD is bearish, the RSI is low and the VDAX eased to 16.13.

There could be potential for the Dax to go back into the upward trend to 9`350 this week. A fall under 9’000 would in my opinion be a warning sign and the situation would need to be reavalued.