DAX IS RISING RELENTLESSLY! #DE40 🇩🇪
✅ The German Stock Exchange Index #DAX is insatiable in its rise! The index has risen a full 2,472 points (10.79%) since its level of 22,917 on November 20, 2025, breaking record after record... It has come this far without correction since its level of 23,876 on December 17!
✅ While it is quite difficult to make a technical analysis for an index that has risen by more than 10% in less than 2 months and is breaking new records every day, I am briefly sharing what I see in the chart with you.
✅ The price is at its peak at 25,389 points. If we look at the parallel channel formation on the 4-hour chart, we see that the upper band of the channel has been broken and the way is even clearer for the index to reach new records. ✅ I think that the upward breakout is not fake and that the uptrend will continue. The breakout we suspected might be fake on January 8th had already occurred. Today's rise means the upper band has been fully surpassed and the uptrend will continue. YTD...
