After the low on 29.09. at 11863 points, the Dax has since fallen again by
at times over 9% and thus rose to 12931 points. A first strong
upward movement on 03. and 04.10. was offset by a slight correction up to the
13.10. to 12000 points interrupted. Although the subsequent further
rise over the last few days at the 50-day moving average weakened somewhat, the
However, higher lows can be interpreted as a bullish sign.
With yesterday’s rise of 0.92% so far, the share price has also come out of a
Upward channel broken out. Should the share price exceed the 50-day moving average at approx.
12850 points overcome, the opportunity for further increases would present itself,
possibly to the 200-day moving average, which is currently at 13579 points.
Otherwise, the upward channel could also turn out to be a bearflag,
provided that the price would return to the channel and break out to the downside.
Then, further price losses would be possible until the next support at approx. 11500