Dax Outlook 2014 W37

Dax Outlook 2014 W37

The Dax seems to nicely move within the recently established upward channel closing the week at 9’747.

The MACD is bullish, the RSI is in the upper neutral and the VDAX is at 14,29.

As the prices have run quite a bit last week, I could picture a bit of slowdon in the momentum.  So the estimate for next week would be a closing of around 9’800. But looking at the upward trend prices could reach up to 10’000 within the trend.