Dax Outlook 2015 W26

Dax Outlook 2015 W26

Last week the Dax found support around the 10’800 level where a couple of supports are

The MACD is still bearish, the RSI is at 40,93 and the VDAX moved up to 25,41 which is an extreme since 2012.

With the rhetoric around the Greek crisis the market is very volatile. News over the weekend that there is further talks coming up this monday should be able to support/lift the market. Striking a deal on the further proceedings could lead to a bullish move in the Dax.

Support: 10’800, 10’570, 10’320, 10’000, 9’930

Resistance: 11’000, 11’200, 11’360, 11’400, 11’600, 11’800, 12’200,  13’500, 14’000, 14’500