Traders beware: Potential recovery in the DAX - now benefit from Société Générale with the Unlimited Turbo Warrant (SQ27DL)!

Traders beware: Potential recovery in the DAX - now benefit from Société Générale with the Unlimited Turbo Warrant (SQ27DL)!

According to a report from www.finanzen.net, the DAX slipped to 14,642 points the day before, but remained above the low of 14,625 points. This Friday, the DAX was able to gain further and is currently at 14,810 points. A possible recovery in the overarching downward trend could continue to the 10-EMA at 14,910 points. If the DAX continues to rise, only a short-term recovery up to the 10-EMA in the area of ​​14,900 points can be expected. The overarching downward trend in the DAX remains intact. A ground offensive by Israeli troops in the Gaza Strip could lead to a further slide in prices. The situation has deteriorated further with the bearish crossover of the 50-EMA below the 200-EMA. However, the DAX is oversold in the short term and could face a countermovement.

These facts suggest that the market remains volatile and that the political situation in the Middle East could influence prices. The possible ground offensive by Israeli troops could lead to uncertainty and a fall in stock prices. This could particularly affect sectors that are heavily dependent on geopolitical developments, such as the defense industry or companies operating in the region.

Furthermore, the situation in the DAX has resulted in a bearish crossover of the 50-EMA below the 200-EMA. This could indicate that the downward trend in the DAX continues and that prices could move further downwards. This impacts the market and consumers as lower stock prices can lead to lower wealth.

Based on these facts, traders could speculate on a recovery in the DAX. A short-term long position with an Unlimited Turbo warrant (ISIN: DE000SQ27DL7) from Société Générale for 14,800 points is possible. The price target would be in the range of 14,900 points. The stop could be placed around 14,700 points and should be quickly moved to the deuce and, if possible, into profit.

This information provides insight into the current market situation and the potential impact on the market, consumer and industry. It is important that investors and traders use this information to make informed decisions and adjust their investments accordingly.

Source: According to a report from www.finanzen.net