Break in trend possible – investors set up safety net

Frankfurt There is simple wisdom that every stockbroker should know. “The trend is your friend” for example. A look at the rally since the end of September shows that this rate has provided a simple yet profitable guide so far.

For eight consecutive weeks, each trading week has seen a new high and a higher low, the classic definition of an uptrend. Following this logic, investors should pay attention to two brands in the coming trading week. If the leading index does not climb above 14,571 points, the historical high of this rally, or fall below 14,321 points, last week’s low point, the uptrend would no longer be intact.