Dax continues to give way – local investment professionals remain pessimistic

Dusseldorf On the German stock market, the psychologically important mark of 15,000 points comes into focus. The Dax is listed at 15,234 points in the morning, a drop of 0.5 percent. The specifications from the USA are weak: the Dow Jones index fell to a new low for the year yesterday, Wednesday.

On today’s trading day, the leading German index even slipped to 15,150 points and thus reached a new historical low since the beginning of February, which is a signal for further falling prices. The previous low was 15,162 points and was reached last week.

This gives the area between 15,000 and 14,800 points a crucial importance, which can also be derived from the technical chart situation. In the past two years, this area was first a key support, then a key resistance, which was only broken in early January 2023.

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