Dax closes in the plus – but setbacks threaten soon

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Investors should look out for several factors that signal a turnaround.

(Photo: Reuters)

Dusseldorf Relaxation was announced on the German stock market on Tuesday. The Dax rose by 1.4 percent to 15,348 points by the end of trading. On Monday it was still around two percent down to 15,132 points. Despite the high losses, there was also positive news on yesterday’s trading day. The mark of 15,000 points was held, the daily low was 15,019 points. This was the lowest price since mid-May of this year.

But investors shouldn’t count on the 15,000 point mark to hold in the coming days and weeks. Because the ongoing consolidation is still young. It can be over at any time, but it is unlikely that it will end quickly after just two days.

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