DAX 40

Neutral

Archived analysis from Aug 13, 2026, 8:23 PM

Key insight

26,574 ATH rejected with a shooting-star; bulls need a clean close above that level to extend the five-session rally.

26,574 all-time high print rejected Wed — shooting-star candle flags exhaustion near ATH.

Main risk

Strait of Hormuz / Iran conflict

Unresolved Hormuz reopening sparked Wed profit-taking; oil at $80.5 still elevated.

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