Dax Outlook Week 42

By the end of last week the Dax jumped massively above 8´700 points and closed Friday with a very small candle.

The MACD is still slightly bearish, the RSI is neutral and the VDAX eased from 16 to 15.34.

In the coming week 42, I could see the Dax correcting from the previous high rise down to nearly 8´530 points and closing the week around 8´650. This would leave the current uptrend intact.