Dax Outlook Week 42
By the end of last week the Dax jumped massively above 8Â´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 8Â´530 points and closing the week around 8Â´650. This would leave the current uptrend intact.