Dax focuses on the 14,000-point mark – the price slide was welcomed on the futures market

Dusseldorf The five-week sideways phase in the leading German index ended with yesterday’s slide of around 380 points. As a result, the area around 14,000 points is in focus. Accordingly, the Dax was listed at 13,947 points in the morning, a drop of 0.3 percent.

If the Dax should sustainably overcome this round mark again as soon as possible, that would be a positive signal. In this case, optimists would again believe in a year-end rally, in significantly rising prices in the remaining ten trading days of this year.

There would only be a medium-term reassessment of the situation if the Dax fell below the 200-day line, which is now rising again and is listed at 13,564 points. The rally accelerated from this line at the beginning of November, so this brilliant upward movement should probably be over with a plus of almost 2800 points below this mark.