On Thursday, May 29, 2025, the DAX experienced a movement that led it below the psychologically important mark of 24,000 points. Despite positive news from NVIDIA with strong quarterly figures and a relaxation in the tariff conflict, the DAX was unable to record a new all-time high. The trading day began with a daily high of 24,255 points, but in the afternoon the price fell back.
Current Rates and Trends
- Xetra DAX: The DAX closed at 24,056.52 points, which is a slight increase of 0.08% compared to the previous day, which stood at 24,038.19 points.
- Eurex DAX Futures: Quotes at €24,307.00 indicate uncertainty in the market.
- DAX Pre-Market: A price of 24,266 in the pre-market at least shows some willingness to recover.
Resistance and Support Levels
Important resistances are at 24,340, 24,405, 24,450, 24,570, and 24,662 points. Supports are found at 24,050, 23,932, 23,850, 23,674, and 23,476 points.
Market Environment
Although strong figures from NVIDIA and a positive turn in the tariff conflict were present, they were not sufficient to drive the DAX to new heights. The market remains trapped in a volatile environment, influenced by macroeconomic factors and corporate reports.
Outlook
The developments in the coming days will be decisively influenced by various macroeconomic factors and the results of leading companies. The identified resistances and supports will continue to play a key role in determining price movements.