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TLby u/tuan_le·5hAnalysis

DAX Reaching 18,500 by Month-End?

Watching the DAX closely here. We've seen a pretty resilient climb, but that 18,500 mark seems to be acting as a sticky resistance level. Given the current global macro landscape, particularly with $USDX hovering around 25.49 and showing some underlying strength, and the recent run in energy names like $XOP at 175.93, there's a definite crosscurrent of sentiment.

My take is there's about a 40% probability we see 18,500 by month-end. We need a sustained positive catalyst, possibly a clearer dovish signal from the ECB or significantly stronger economic data out of Germany/EU to push through. Without that, I expect continued chop in the 18,200-18,450 range, possibly even a retest of 18,000 if broader risk-off sentiment takes hold. The conviction just isn't there for a decisive break higher without fresh impetus.

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1 Comments

PAu/pablobrown·1h

That's an interesting take on the DAX. I wonder how much of that resistance is psychological vs. actual technical barriers, especially with the USDX showing some strength. Are you seeing any specific sectors within the DAX that might buck the trend?

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