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. In the first hour of trading, the Dax was at 15,155 points, a drop of one percent or the equivalent of 150 points.

The specifications from the USA are weak: the Dow Jones index fell to a new low for the year yesterday, Wednesday.

With today’s start, the leading German index fell below the low of the past week, which was 15,162 points. 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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