Dax Technical Analysis 16/12/2014

Current Bias: Bearish – perhaps with profit taking Support: 9382, 9200, 9148, 9059 Resistance: 9411, 9440, 9542, 9581 Talking Points: FTSE, Russia and the Ruble, Oil prices, Dax profit taking, Short squeeze Dax Market Commentary This morning I had a clear...

Dax Technical Analysis 15/12/2014

Current Bias: Currently correcting from record highs, at key support Support: 9632, 9600, 9570, 9542, 9500 Resistance: 9680, 9700, 9725, 9762, 9800 Talking points: Correction or reversal? Oil prices. FOMC. 9500-9600. Dax Summary Video Dax Summary Sellers market today,...

Dax Technical Analysis 12/12/2014

Current Daily Bias: Bearish Support: 9770, 9734, 9700, 9683, 9659, 9632 Resistance: 9981, 9950, 9908, 9895, 9859, 9820, Talking Points: BASF, Commerzbank, Major lows on Oil, QE expectations, Rising bonds, Profit taking, 3-year LTRO repayment Dax Market...

Dax Technical Analysis 11/12/2014

Current daily bias: Early signs suggest bullish today Support: 9835, 9795, 9787, 9732, 9682, 9618 Resistance: 10000, 9972, 9954, 9912, 9884, 9859 Dax Market Commentary This morning there has been a decent surge up in the Dax, perhaps correctional behaviour from some...

Dax Technical Analysis 10/12/2014

Current Bias: Bearish, with potential bounce at previous resistance (September) Support: 9835 9810 9790 9783 9687 Resistance: 9885 9900 9932 9981 10083 Best trading method today: breakout I have not been available for much today so apologies for any delay,...

Dax Technical Analysis 09/12/2014

Current Outlook: Bullish, but threatening a major pullback Resistance: 10009 10016 10033 10066 10086 Support: 9955 9926 9868 9830Dax Afternoon Market Summary Is this the start of a reversal? Mario Draghi has already quelled the initial expectation of further...