The German DAX Threatens To Break Range Support To The Downside as the stock market currently stand still. The Dax has been hovering around the 13,300 point mark for around four weeks, even if it had risen to 13,445 points in the meantime. On the one hand, the strong euro and on the other hand the talks about the Brexit trade pact are negative factors that are currently still in focus. In addition, the focus is still on news about the corona virus. The Dax remains in its week-long sideways range.
A break below the lower median line parallel would be interesting.
While the US tech indices are again reaching record highs, the Dax is continuing to slide sideways. Investors are nervous that the struggle for a Brexit package and stricter corona measures are weighing on.