Dusseldorf The 200-day moving average remains in focus on the German stock market. The fact that the Dax pauses at such an important mark should not come as a surprise to any investor. After all, this moving average is arguably the most significant indicator of a trend shift in the stock market – from a bear market rally to an uptrend.
This Thursday, the Dax is down 0.1 percent in the morning and is trading at 13,648 points. However, the index remains close to the 200-day line, which is at 13,609 points. Yesterday, Wednesday, the leading index fell 0.2 percent with a final reading of 13,666 points.
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