Dax Outlook 2014 W42
Down, down,down… The selling to 8’950 took place the last week but it didn’t stop there. Late on Friday 8’763 was reached. The MACD is very bearish, the RSI is at 22 and the VDAX rose to 19,80. After this …
Tag: Market Comments
Dax Outlook 2014 W41
Market participants reacted to weak economic date and the breaking of several support levels, hitting 9’195 on Friday but managed to recover to 9’285 after the close. The MACD is bearish, the RSI is at 32 and the VDAX rose …
Dax Outlook 2014 W40
The breakout out of the flag seems to have been a false one so far. The Dax was not able to surpass the 9’900 level this week and this resistance was confirmed by high volume. Furtermore comments by the Bank …
Dax Outlook 2014 W39
After forming a flag over the last 9 periods the Dax broke out on Friday claiming back the 9’800 level. News that the Fed will not raise interest rates too soon supported the move. The MACD is slightly bullish, the …
Dax Outlook 2014 W37
The Dax seems to nicely move within the recently established upward channel closing the week at 9’747. The MACD is bullish, the RSI is in the upper neutral and the VDAX is at 14,29. As the prices have run quite …
Dax Outlook 2014 W36
After touching the 9’600 at the start of the week, the Dax moved to the lower barrier of its upward trend around 9’380. The MACD is still bullish, the RSI is neutral and the VDAX is at 15.79. For the …
Dax Outlook 2014 W35
The Dax turned around sharply after hitting the 8’900 support level and recovered to 9’339 last week staying within the marked upward trend. The MACD is bullish, the RSI is neutral and the VDAX is at 15.48. Despite stopping at …
Dax Outlook 2014 W30
After forming a Doji last Friday at 9’670 the Dax recovered a bit but closed this week still not much higher at 9’720. Sanctions of the US and Europe against Russia were concerning market players and paired gains. The expected …
Dax Outlook 2014 W29
Last week the Dax showed big losses, breaking through the lower trendchannel and plummeting to lows around 9’617. The MACD is bearish, the RSI is neutral low and the VDAX has risen from 10.80 to 14.01. The next supports are …
Dax Outlook 2014 W28
Last week the Dax recovered after undershooting the lower trendchannel for 3 days. A strong move on Friday brought the market back to 10’000. The MACD is neutral, the RSI is in the plus but still not overbought and the …