DAX 40

Bullish

Archived analysis from Aug 11, 2026, 1:21 PM

Key insight

26,445 all-time high holds as near-term resistance; double-top risk caps upside until 26,500 clears on volume.

ATH at 26,445 broken; +12% YTD with SAP/Infineon leading tech bid above 26,000.

Main risk

Strait of Hormuz / Iran-Oman deadlock

Failure to reopen waterway spikes oil, pressures European industry margins.

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