Thursday February 18, 2021
The stock market day
Dax faces a mixed day
The Dax is expected inconsistently today. The reason is the consolidation of the European stock markets, which is characterized by rising returns on strong bank stocks, commodity stocks and oil stocks, and weak trends in interest-sensitive stocks. For the Dax, this means relative weakness in Europe, as the sectors mentioned are under-represented in it. From a technical point of view, the Dax is considered supported at 13,830 points. The major resistance is at the all-time high of 14,159 points. According to market participants, the 14,000 mark could come into play for the small decline on Friday.
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