Current Market Situation
- DAX Level: The DAX is currently at around 22,271 points. Recent developments show that the index has surpassed the important 61.8% Fibonacci retracement and has sustainably exceeded the mark of 22,000 points.
- Technical Analysis: The DAX has attempted to break above the key zone at 22,320/390 points but has not been able to maintain this breakout. Further positive news is required for the continuation of the upward movement.
- Volatility: The VDAX-New, an indicator of volatility in the DAX, is at about 22.49%. This indicates a nervous market, where a rise above 17% is often associated with falling prices.
Economic Factors
- Trade Dispute: Recent developments in the trade dispute between the USA and China could impact the markets. Trump’s more moderate stance on China tariffs has led to some easing but could tilt back at any moment.
- Auto Tariffs: The planned suspension of auto tariffs by the USA could have positive effects on the automotive industry and thus support the DAX.
Investor Behavior
- Investment Strategies: Private investors and savers are closely monitoring the DAX development as it can provide clues about the stability of the economy. A continuous upward movement could strengthen confidence in the market and lead to increased investments.
- Risk Management: Given the ongoing volatility and uncertainties in the trade dispute, cautious risk management remains important. Investors should pay attention to potential market influences and adjust their strategies accordingly.
Overall, the DAX shows positive tendencies influenced by economic developments and political decisions. However, further positive signals are required for a sustainable upward movement.