Dax remains above the 13,000 point mark – private investors are preparing for a price slide in November

Dusseldorf The leading German index can hold its own above the psychologically important mark of 13,000 points. In the first hour of trading, the Dax was almost unchanged at 13,053 points. The stock market barometer had already closed yesterday, Thursday, 0.9 percent higher at 13,052 points.

The Dax has risen almost 1200 points, or ten percent, in the past four weeks. But now at least private investors are preparing for a possible price slide in the stock market month of November.

This can be seen from the Euwax sentiment of the Stuttgart Stock Exchange. This indicator shows the proportion of put and call leverage products on the Dax in the portfolios. Negative values ​​indicate more put than call derivatives and vice versa.

This value has fallen from zero to minus eight in the past few days. Private investors are therefore either increasingly speculating on falling prices or protecting themselves against future price losses.