After an initially weaker opening, the German stock market barometer gained several hundred points on yesterday’s holiday and climbed back above 14,250 points. This morning, the rally initially continued, with the DAX temporarily rising above 14,300 points.
Since the daily low of last Wednesday just below the 13,900 mark, the index has put a potentially complete upward impulse on`s Börsenparkett. Accordingly, the beginning of a consolidation or correction phase must be expected in the short term. However, as long as this advised correction takes place above 14,150 points, setbacks tend to remain worth buying. However, from a risk-reward perspective, a new entry at the current level is no longer worthwhile.