dusseldorf The German stock market is down on Thursday. the Dax Leading Index It is down 1.7 percent at noon and is trading at 14,928 points, more than 250 points below.

After an increase of more than nine percent since the beginning of the year, a consolidation in the German stock market should not come as a surprise. Thomas Altmann of investment house QC Partners believes it is “rational to profit now.” As long as the recently conquered and now particularly psychologically important 15,000 point mark is held, “nothing goes wrong in a consolidation.”

According to the charting technology, a sustained break of the 14,800 point mark should weigh more. If this range is cut permanently, the risk of a lasting consolidation or even a correction, a fall of more than ten percent, increases. Jörg Scherer, Head of Technical Analysis HSBC Germanyadvises investors to follow the stop loss on existing positions to the level of the early October low of 14,819 points.

keep reading now

Get access to this and all other articles in the

Web and in our free app for 4 weeks.

Continue

keep reading now

Get access to this and all other articles in the

Web and in our free app for 4 weeks.

Continue

NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA

By yjawq

Leave a Reply

Your email address will not be published. Required fields are marked *