DAX40: new absolute record at 17,200 points


(CercleFinance.com) – The DAX40 sets a new absolute record at 17,200 points, which means that the previous double record of February 6 and 12 at 17,035 is erased, but also a medium-term oblique resistance which gravitates towards 17,050, then another located around 17.150.
The last oscillation between 16,800 and 16,400 Points (from January 2 to 17) augured a target of 17,200 Points: it is therefore validated.
At 16,750Pts in mid-December, the DAX40 had already doubled in value compared to March 18, 2020… a next objective could be +50% compared to the floor of 11,975 of 09/29/2022… i.e. 17,950 and in reality 18,000.

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