Dax Outlook 2015 W39
![Dax Outlook 2015 W39](https://www.marwac.com/wp-content/uploads/2015/09/20150920_dax.png)
The FEDs decision on leaving the interest rates at current levels should have been good news for the equity markets. The comments about risk factors from lesser chinese growth and a fragile status of the economy lead to a sell-off on Friday in the Dax.
The MACD is bullish, the RSI 37.29 and the VDAX is at 24.64.
The sell-off did not go as deep as the one on 24.08.15 but the volume was slightly greater. It could lead to a similar ralley as last time (around ~800 points). For the coming week I would expect lows around 9’800 and there could be a recovery up to 10’400 as a counterreaction of the recent sell-off.
Support:Â Â Â Â Â Â Â Â 9’930, 9’360
Resistance:  10’000, 10’320, 10’570, 10’800, 11’000, 11’200, 11’286,11’380, 11’400,11’600, 11’800, 12’200, 13’500, 14’000, 14’500