DAX 40

Bullish

Archived analysis from Aug 12, 2026, 1:51 PM

Key insight

ATH breakout at 26,469 confirmed — 27,200 is the next chart analyst target; hold above 25,923 to keep thesis intact.

26,469 marks fresh ATH — breakout above 25,923 resistance sustained; Strait of Hormuz risk limits momentum.

Main risk

Strait of Hormuz / Iran escalation

Trump demands complicate ceasefire; oil spike above $85 would pressure DAX exporters hard.

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