DAX forecast: increase expected - How US consumer price data could influence the market

DAX forecast: increase expected - How US consumer price data could influence the market

According to a report by www.finanzen.net, the DAX can continue to rise this Tuesday and is currently slightly above the 15,400 point mark and slightly above the Fibonacci fan and the 10 EMA in the monthly chart. The latest US consumer price data is eagerly awaited this afternoon at 2:30 p.m. Traders could open a short position around the 10 EMA on the monthly chart. A short position with a Turbo Short warrant (MD0QNT) from Morgan Stanley is recommended. The price target would be in the range of 14,500 points. The stop could be placed around 15,450 points and should be quickly moved to the deuce and, if possible, into profit.

The development of the DAX depends heavily on the US consumer price data, which is expected in the afternoon. If there is a sustained break above the Fibonacci fan in the monthly chart, the situation would improve for the DAX in the long term. However, if there is a downward rebound on the Fibonacci fan, the overall downward movement would probably continue.

The impact of a possible downward move in the DAX may raise concerns about economic stability and prosperity in the region. A declining DAX could affect investments in the market and shake investor confidence. This, in turn, could lead to a reduction in consumption and general economic uncertainty.

The trading idea of ​​opening a short position in the area of ​​the 10 EMA in the monthly chart shows investors' interest in potential downward movements of the DAX. This could lead to more investors joining this trend, further destabilizing the market.

It is important to closely monitor the US consumer price data as it can be crucial for the further development of the DAX and the overall market. If the data turns out to be unexpectedly positive, this could lead to a rise in the DAX. Conversely, negative data could lead to a further downturn in the market. It is therefore advisable to monitor developments closely and take appropriate measures to reduce risks.