DAX 40

Bullish

Archived analysis from Aug 13, 2026, 3:30 AM

Key insight

26,574 ATH hit but profit-taking stalled the run; reclaim above 26,574 opens 27,200 chart target.

Holds 26,400 after ATH at 26,574 — defence/industrials rotation and ECB easing sustain uptrend.

Main risk

Strait of Hormuz / Iran conflict risk

Hormuz reopening uncertainty lifted energy costs; E.ON -3% signals real-economy exposure.

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