Dax Outlook 2016 W41
The Dax was not able to surpass the highs from September this year and retraced just below the 10-day-MA.
The MACD is still slightly bearish, the RSI fell to 49.64 and the VDAX rose to 19.24.
This week corrections till 10’400 or even 10’200 would be possible. A rise above 10’635 would open the way to 10’770. The current situation is still looking a bit mixed so the best guess seem sideways within these borders.
Support:             10’380, 10’320, 10’150,10’100, 9’930, 9’850, 9’750, 9’600, 9’360, 9’214, 9’000, 8’903, 8’500
Resistance:       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
