Dax stays above the 15,000 point mark – does the expiry date initiate a trend reversal?

Dax curve

The leading German index has already reached several new record highs this year.

(Photo: Bloomberg Creative / Getty Images [M])

Dusseldorf There is a slight upward trend on the German stock market. The Dax is listed in the morning 0.2 percent higher at 15,180 meters. On yesterday’s trading day, the leading index went out of trading with a minus of 0.3 percent at 15,147 points. The 15,000 mark was successfully tested again on Tuesday, a positive sign.

Since Thursday last week, the German benchmark index has been moving sideways within a range of just 250 points. The limits are 15,012 points on the bottom and 15,267 points on the top. The trading days were rather quiet, no sign of another sell-off, and there are no signs of a crash anyway.

And with a look to the coming Friday, there shouldn’t be any major fluctuations this week. Investors should keep an eye on the upside, i.e. the 15,300 point mark.

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