Dusseldorf The German stock market remains in sideways mode for the third day in a row. The Dax remained unchanged in morning trading at 15,937 points.
The Dax trading ranges were already unusually low at around 60 and 80 points on Monday and Tuesday, and stock market turnover was the two weakest in the past three weeks.
For the capital market expert Thomas Altmann from the fund house QC Partners, there is a “sleeping car market”. “Everyone is waiting for new impulses,” he says. Fear of being on the wrong side is low right now.
Dax is facing a dynamic price movement
The fact remains: Such small trading ranges are usually resolved with dynamic price movements, i.e. rapid rises or falls. Two chart technical brands are in focus. On the upside, the record high of 16,290 points, which would quickly come into focus with sustainable prices above 16,000 points.
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