Dax Outlook 2016 W20
Last week the Dax touched the 9’770 for a third time but rebounded to 9’916 by the end of the week. Movements in the Oil price are still influencing the market. Furthermore a more likely interest rate rise in the …
Tag: Dax Outlook
Dax Outlook 2016 W19
Last week the Dax fell again below the 10’100 level and reached a low at 9’768 on Friday and the recovering sharply, closing the week at 9’952. The MACD is bearish, the RSI is at 48.23 and the VDAX fell …
Dax Outlook 2016 W18
Last week the Dax fell below the 10’100 level and reached a low at 9’738. On Firday it closed slightly above the Doji from Thursday The MACD is bearish, the RSI is at 44.17 and the VDAX rose to 22.38. …
Dax Outlook 2016 W17
After a rise up to 10’450 in the previous week, last week the Dax decided to go bearish on the back of a falling USD and some worse than expected US economic date on Friday. The MACD turned bearish, the …
Dax Outlook 2016 W16
Another try of the 10’100 took place and currently it is looking relatively bullish. The MACD is bullish, the RSI is at 58.81 and the VDAX fell to 19.07. Not sure if it is a bear market ralley or the …
Dax Outlook 2016 W14
The 10’100 was tried a third time last week but the Dax didn’t manage to cross it. On Friday the index fell briefly to 9’675 before ending the week at nearly 9’800. The MACD is bearish, the RSI is at …
Dax Outlook 2016 W13
The 10’100 was tried by the Dax last week but it didn’t manage to hold above it. The fight for the 10’000 level was lost on Friday when the index finally dropped to 9’800. The MACD is bullish but declining, …
Dax Outlook 2016 W12
Last week the Dax continued the short-term upward trend closing at 9’950 on Friday, after rising above 10’000 before. The MACD is bullish, the RSI is at 57.89 and the VDAX down to 19.62. The Dax should keep on this …
Dax Outlook 2016 W11
What a week! On thursday when the ECB expanded their QE programme and set interest rates to Zero, the Dax first shot up to nearly 10’000 points just to fall a few minutes afterwards to below 9’500 on Draghi’s comments. …
Dax Outlook 2016 W10
Last week the Dax rose strongly after pushing above the 9’600 level and traded for a sort time above the 9’850 resistance level. The MACD is bullish, the RSI rose to 58,2 and the VDAX down to 21.77. Although the …