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Stock Index Technical Analysis

Published 28/12/2015, 09:10
US500
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DE40
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STOXX50
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Euro Stoxx 50 HOURLY CHART - "Ideally, up toward 3400 zone in wave c." RSI was not (yet) overbought and price is still below the descending resistance line. Eurex and Xetra stock exchange are closed today. Euronext is open until 14h.


Eurostoxx Hourly Chart


DAX HOURLY CHART - Yesterday Dax wasn't increasing like other indexes. RSI was not overbought. Price topped exactly against the resistance line. As long support holds at 10400, we're looking at prices above 11000.


DAX Hourly Chart


ES (future S&P500)


DAILY CHART - "Ideally, we are in wave 5 up." The increasing stopped against the resistance line. Therefore zone 2060 should be broken first before we go up further. Wall Street is open until 19h.


S&P500 Futures: Daily Chart

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