DAX 40

Bullish

Archived analysis from Aug 13, 2026, 12:11 PM

Key insight

26,574 ATH rejected; hold above 26,300 keeps bull structure intact — break targets 27,000 round number next.

26,574 ATH printed Wed; pullback to 26,429 is shallow — uptrend intact above 200-day MA ~24,800.

Main risk

Strait of Hormuz / Iran conflict flare-up

Hormuz uncertainty forced Wed profit-taking; oil spike risk at 80.7 pressures export-heavy DAX components.

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