Dax falls to a new low for the year

Dusseldorf Groundbreaking trading days are imminent on the German stock market. The question at stake is whether the stock market year 2022 will be miserable or at least reasonably decent.

In concrete terms, this means that if the Dax falls below the 13,500 mark for a long time, there is a risk of a longer consolidation phase from a technical point of view, from which the German stock market is unlikely to recover easily.

There is already a first sign of a slide towards 13,500 points today in trading. The Dax lost almost 200 points to 13,707 points in the first few minutes of trading. The leading index has thus reached a new “war low” and at the same time a new low for the year.

But at the level of 13,700 points, there is obviously high demand. This caused a recovery that caused the leading index to turn positive again. 13,932 courses are currently being viewed, an increase of 0.2 percent.