Dax Outlook 2014 W15

Last week the Dax rose above the downwardtrendline.

The MACD is bullish , the RSI is neutral and the VDAX is 13.89.

The Dax is around the upper barrier of its shorter term downward trend around 9’630.  But hasnt really overcome it yet. I tend to believe there could be a downward correction before surpassing it.