The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German stock market went down on Thursday. The Dax closed at 16,222 points and thus 0.2 percent in the red. At the same time, however, the stock market barometer reached a new record with 16,290 points, the sixth in a row. On Wednesday, the leading index ended the trading day unchanged at 16,251 points.
Investors should now continue to watch the 16,000 point mark on the downside. Because there are several important technical chart supports, which apparently many domestic investment professionals orientate themselves on.
According to an evaluation of the Frankfurt Stock Exchange survey of private and institutional investors, behavioral economist Joachim Goldberg expects purchases again just below this psychologically important threshold. In this area, domestic investment professionals, who have increasingly relied on falling prices in the past two weeks, are likely to liquidate their short positions.
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