Dax Outlook 2016 W05
![Dax Outlook 2016 W05](https://www.marwac.com/wp-content/uploads/2016/01/20160131_dax.png)
The Dax recovered last week on the back of rising oil prices.
The MACD is bullish, the RSI rose to 44.92 and the VDAX is at to 27.39.
A recovery above 9’850 would open room up to 9’930 to 10’000
Support:Â Â Â Â Â Â Â Â Â Â 9’750, 9’600, 9’360, 9’214, 9’000, 8’903
Resistance:     9’850, 9’930, 10’000, 10’150, 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
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