The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf It is difficult to estimate what effect extremely negative news, such as a Russian troop invasion of Ukraine or signals for a rate hike by the US Federal Reserve, which are stronger than expected, will have on the German stock market. Should such news not be forthcoming, however, there are many reasons for at least a relief rally on the German stock market. After the sell-off on Friday, prices are likely to rise again within the intact downtrend.
The magnitude of this relief rally should then determine whether this downtrend can be ended and the rally resumed thereafter. But a continuation of the rally should be a difficult task for the Dax, which, according to technical analysis, would require courses above 16,000 points.
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