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, But no happy ending with the 14,000 in the DAX | message, Forex-News, Forex-News
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But no happy ending with the 14,000 in the DAX | message

5
, But no happy ending with the 14,000 in the DAX | message, Forex-News, Forex-News


, But no happy ending with the 14,000 in the DAX | message, Forex-News, Forex-News

The round mark of 14,000 points was almost reached today. The DAX had a strong midweek, more on this in the LS-X market report from February 24th, 2021.

Return of the DAX to old levels

In the morning, the DAX was in the market at 13,800 points and was waiting for the GDP numbers. These were a tad better than expected and gave the market the necessary start-up impetus for the day. In the final quarter of 2020, the domestic economy grew by 0.3 percent despite lockdowns.

Our dealer found arguments in favor of attractive sectors in this interview:

In fact, one TUI, for example, gained 10 percent today.

This means that the 13,900 mark could already be reached right at the market launch and thus the downward trend line of the last few days. The breakthrough came promptly, and so the index continued its recovery, targeting 14,000.

In the first two attempts, a contact did not work. The day’s high was only 13,998 points. But shortly after the end of XETRA, the time had come. The driver was positive Wall Street with a Dow Jones at a record level.

However, it does not count for this statistic. Thus, volatility halved compared to the previous day and found a normal level of 140 points.

The following key points were recorded in the DAX:

Opening13,855.85
Day high13,998.30
Day low13,855.85
Previous day course13,864.81
Closing price13,976.00

On the basis of this trading range in the middle of the week, one can now look ahead more optimistically. The course of the day was outlined as follows:

, But no happy ending with the 14,000 in the DAX | message, Forex-News, Forex-News

Which stocks were the focus of DAX trading today?

Stock movements in the DAX

HeidelbergCement shares were among the DAX winners today. The prospect of further stimulus packages in the USA, Australia or India, according to yesterday’s annual figures, will bring the company further in favor of investors. There are only a few points left to the annual high, as shown in this video from the afternoon:

Only the engine manufacturer MTU Aero Engines rose even faster after JPMorgan analyst David Perry reversed his negative stance. This helped the entire aviation sector, an Airbus also rose by around 4 percent.

The losing side was composed similarly to the previous days. Corona winners from the last few weeks have been sold. This included a Delivery Hero and Deutsche Wohnen in the DAX and a pharmacy or Zalando shop in the second row.

All tops and flops from the DAX are listed here:

, But no happy ending with the 14,000 in the DAX | message, Forex-News, Forex-News

How did this trading day affect the medium-term chart image?

Medium-term DAX chart image

The Dax went up again today. The trend line sketched over the last few days has to be readjusted, but the direction is still positive:

, But no happy ending with the 14,000 in the DAX | message, Forex-News, Forex-News

The fact that we saw the 14,000 afterwards and the Dow Jones is trading at a record high could also ensure further price gains.

We’ll talk to a dealer about this again tomorrow at around 8:30 a.m., this time with Ingmar Knigshofen. You will then see it before 9.00 a.m. as usual on the youtube channel of the LS-Exchange.

A note on our own behalf: At the end of the week there will be an online seminar with Frank Helmes. This has been postponed – Registrations are therefore still possible free of charge:

, But no happy ending with the 14,000 in the DAX | message, Forex-News, Forex-News

Click on the picture to register

The team at LS-Exchange and TRADERS’media GmbH wishes you a pleasant start to the weekend.

Risk notice: The analyzes, charts and tables are based on information which TRADERS media GmbH has developed and which we consider trustworthy. Although TRADERS media GmbH considers all information and sources to be reliable, no liability can be assumed for the correctness, completeness and topicality of the information contained. In particular, any liability is excluded for errors and inadvertent incorrect reproduction, especially with regard to prices and other figures. TRADERS media GmbH assumes no obligation to correct any inaccurate, incomplete or outdated information. This document is for information only. In no case does it contain offers, requests or recommendations to buy or sell securities or other financial instruments. The information contained in this document does not constitute a “financial analysis” within the meaning of the Securities Trading Act, nor does it meet the legal requirements for guaranteeing the impartiality of financial analysis and is not subject to any prohibition of trading prior to the publication of financial analyzes. In particular, they may deviate from the analyzes of financial instruments and their issuers (research) published by TRADERS media GmbH. Before making any investment decision, you should consult your investment advisor. Foreign legal systems may prohibit or restrict the distribution of this document. The copyright for all contributions lies with TRADERS media GmbH. All rights reserved. Reproduction only with special permission from the company.



, But no happy ending with the 14,000 in the DAX | message, Forex-News, Forex-News

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