DAX on a Record-Breaking Run: Next Target 23,500 Points?

DAX on a Record-Breaking Run: Next Target 23,500 Points?

After a dynamic pullback at the start of the week, the DAX has once again staged a turnaround, reaching fresh all-time highs. The index is now approaching the 23,500-point mark – but how much upside potential remains?

Market sentiment appears increasingly euphoric, and several factors continue to support rising prices. The key question now is: Where could this rally come to an end?

Key Technical Levels

From a technical perspective, two psychological barriers are now in focus: the 23,500 level and, if momentum persists, the 24,000 mark. Both zones are realistic price targets and could be reached in the near term given the current market dynamics.

A first warning sign for the bulls would be a pullback below the support zone between 22,300 and 22,050 points. A sustained break of this range could trigger selling pressure and lead to a more significant correction.

Until then, however, the DAX remains firmly in an uptrend – with its sights set on new record highs.

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