DAX 40

Bullish

Archived analysis from Aug 7, 2026, 8:36 PM

Key insight

26,360 intraday high tested — closing above confirms ATH extension; Siemens drag offset by Deutsche Telekom +6%.

26,355 holds all-time high territory; four-day rally off 25,875 breakout intact, earnings season supportive.

Main risk

Strait of Hormuz / US-Iran deal collapse

Breakdown in ceasefire talks would spike oil, hit export-heavy DAX; Rheinmetall already -3.7% on outlook cut.

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