Strong selling pressure on the German stock market - bears take over, price decline indicates further downward trend

Strong selling pressure on the German stock market - bears take over, price decline indicates further downward trend

According to a report by www.deraktionaer.de, there is a bearish mood on the German stock market. After breaking the important mark of 15,000 points and falling below the recent low, current developments point to a strong sell signal. Hopes for a year-end rally are increasingly dwindling.

The current price losses on the DAX and the fall below the multi-month low indicate that there is still downward pressure. Technical analysis shows support levels at 14,809 and the March low at 14,5988. Indicators such as the Directional Movement System, the RSI and the MACD also point to further falling prices.

A possible countermovement depends on whether the DAX can quickly close today's price gap and close above 15,000 points. A significant increase would only be expected if the 15,500 point mark was overcome.

There are currently few signs of rising prices on the German stock market. However, a sharp fall below the 14,800 mark is unlikely due to the high level of capital available on the sidelines. Patience is therefore the order of the day.

This development could lead to further price losses in the short term and increase uncertainty on the market. Investors may tend to avoid riskier assets and focus more on safe havens. This could, for example, lead to increased interest in government bonds, which would influence yields. Companies may also become more cautious about investing and expanding, which could impact the economy and the labor market.