DAX 40

Bullish

Archived analysis from Aug 13, 2026, 7:21 PM

Key insight

26,574 intraday ATH rejected Wed — bull trend intact above 26,000 but shooting-star candle warns of short-term pullback.

Holds 26,391 after ATH of 26,574 on Aug 12; defense/energy rotation supports broader trend.

Main risk

Iran / Strait of Hormuz conflict

Hormuz impasse unresolved — oil supply shock risk drives defensive profit-taking at new highs.

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