The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf At the start of trading on Tuesday, the Dax managed to jump over the 15,600 point mark. In the first hour of trading, the leading German index was up 0.4 percent at 15,663 points.
From a chart technical point of view, the 15,600 point mark is an important resistance on the way to new record highs. The decisive factor now is whether the Frankfurt Stock Exchange Barometer can sustainably maintain this level. Because the Dax also took a trip above this level on Monday, but then fell back and closed trading 0.4 percent more firmly at 15,599 positions.
At the beginning of the week, the Dax had moved within a range of just 90 points, with the trading range completely within that of the previous day – a so-called inside day. The index has now resolved this inside day upwards.
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