DAX Continues to Rise
The DAX has slightly increased its gain from the previous day, indicating a positive market development. This trend is particularly relevant for private investors interested in the stock market. Here are some key aspects affecting the current situation regarding the DAX and other German indices:
Current Market Development
- DAX Performance: The DAX has slightly increased its previous day’s gain on Tuesday, stabilizing at around 24,091.12 points. The record high from early June at 24,479 points remains in sight.
- SDax Record: The SDax, which represents the small-cap index, has achieved another record. This indicates strong dynamics in the area of smaller companies.
- MDax Gain: The MDax, which encompasses medium-sized companies, has also increased by 0.48% and stabilized at 30,893.61 points.
Market Conditions and Influencing Factors
- Trade Dispute and Political Uncertainty: The extension of the deadline for introducing tariffs by US President Donald Trump has not significantly impacted the markets. The markets have learned to handle such threats and subsequent concessions.
- Volatility: The VDAX-New, an indicator of volatility in the DAX, is at about 19.30%. This suggests that the market has calmed down, but there is a tendency for a decrease. A more significant downward movement is hardly expected above 17%.
Outlook and Strategies
Bullish Trend: The DAX is in a bullish position. A breakout above the level of 24,130 points could lead to a test of the June highs at 24,479 points. In the medium term, the DAX could even rise to 25,381 points, provided there is a settlement in the trade dispute with the USA.
Trading Strategies: One possible strategy could be to enter LONG positions in a breakout above 24,130 points, targeting 24,479 points with a stop at 23,890 points.
Overall, the current market development shows a mixed picture. While the DAX and the MDax are stable, the SDax has reached new heights. Political uncertainty remains a factor that could influence the markets. Private investors should monitor such developments and adjust their investment strategies accordingly.