Dax Outlook Week 06

In week 05 the Dax showed some weakness after the previous big move upwards.

The MACD is again slightly negative, the RSI is in the upper neutral area and the VDAX is still hovering at 12.61.

The doors up to 7’900 seem still open but I see the weakness shown during this week to continue nin week 06. Therefore the Dax should be more likely to continue towards the 7’700 level.

Disclaimer

 

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