DAX 40

Bullish

Archived analysis from Aug 13, 2026, 3:12 PM

Key insight

26,574 ATH tagged, then reversed on a shooting-star candle — bulls need a close above 26,574 to extend toward 27,200.

26,574 ATH printed Wed; pullback to 26,382 keeps uptrend intact above 25,923 breakout level.

Main risk

Iran / Strait of Hormuz escalation

Hormuz closure risk pushed oil -2.8%; energy supply shock threatens German industry margins.

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