(CercleFinance.com) – The DAX-40 is repositioning itself above 16,000 Pts thanks to a sharp drop in rates and rebounds of more than 5% on real estate securities such as Vonovia.
The DAX, which has gained +15% since January 1, slightly outperforms the CAC40 and closes the ‘gap’ of 16,023 Pts on July 4 and rises to less than 2% from its annual and historical zenith of 16,357 Pts on June 30… and just over 1% from the zenith of 16.285 on January 5, 2022.
The scenario of the long-term bearish ‘M’ would only be ruled out beyond 16,400 Pts, and more surely, 16,500 Pts.
Copyright © 2023 CercleFinance.com. All rights reserved.
The information and analyzes disseminated by Cercle Finance only constitute a decision-making aid for investors. The responsibility of Cercle Finance cannot be held directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional adviser before any investment. This indicative information does not in any way constitute an incitement to sell or a solicitation to buy.
Did you like this article ? Share it with your friends with the buttons below.
