DONNER & REUSCHEL - Technical Analysis DAX 30
The technically important 12.951 was able to recapture quite quickly as expected. Now the view is again in the direction of 13,033. The month of May thus remains overall a pleasing month. Although the medium-term D & R price target at just under 13,500 points is now visually a little further away, but still within reach. The double-top at 13,133 now acts as a resistance line again. The Upper Bollinger Band currently offers scope up to 13,255 meters. Fundamentally, no groundbreaking data is expected today. But to go out of a holiday-related peace, is probably premature. Both in the US and in the UK, trade remains closed today. But an optimistic look at 13,133 points is still allowed on the market and chart. Despite everything, the stops should not be forgotten. The profits made so far since 11,800 are to be secured. The last week brought a lot of volatility back. And showed that blind optimism and exaggerated short-term euphoria can hurt. Oh, US President Trump is always good for a "surprise." Both in his comments on North Korea and Iran and the tiresome topic "import duties". Now it seems that a meeting with North Korea's ruler is possible again ...
Primary uptrend (since 2009) still intact
DAX continues to switch to the 13,000 point mark