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The Dax could reach new record values ​​in 2021


Stock trader Peter Tuchman wears a hat that says “Dow 30,000”
Image: dpa

Rosy prospects for the coming year: The Dax should continue its upward trend and follow the S&P 500 to new all-time highs. The most important German share index could rise to 14,500. The technical analysis.

D.he hope of normalization after the corona pandemic, the continued very loose policy of many central banks and the expectations of the new American government ensure attractive prospects on the international stock markets with a view to 2021. However, burdens such as a negative development in the corona pandemic and a (somewhat) weaker dollar should be taken into account.

On the world’s leading stock exchange in New York’s Wall Street, the S&P 500 has continued its bull market with new all-time highs that has existed since the financial crisis, with the next technical milestone in the range 3800 to 4000 being indicated for 2021. The Nikkei 225, which already showed relative strength in an index comparison in 2020, should expand its technical climbing tour to over 28,000. The Euro Stoxx 50, which has maintained its years of relative weakness this year too, should continue to do so in 2021. The Dax, on the other hand, indicates a start against the resistance (13,600 to 13,800), with the index expected to deliver new all-time highs in the coming year.

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