Perspectively towards 15,000 – Donner & Reuschel column

The DAX 30 continues its year-end rally. He has already negotiated some short-term goals. At the end of the week today you can expect a positive course again. The short- and medium-term indicators continue to be stable. The slow stochastic still has room for improvement and even generates a buy signal. The Upper Bollinger Band is trending at 14,022 points. The 13,996 now act as the closest support. Looking down, the short-term word-case scenario can be seen at 13,500 index points. And that despite the current mix of Corona, Brexit, US election aftermath. Operational sell signals continue to arise only from quotations at 13,500 meters. Strategically, the German benchmark index remains “on track”: The 15,000 remains a realistic target for the stock market year 2021. The chaos in Washington obviously leaves investors unaffected. On Wall Street, too, the economic optimists are in the majority. The leading US indices Dow Jones, Nasdaq and S&P 500 also set new highs.

– Next technical resistance: 14,007, all-time high
– Next important technical technical supports: 13,996, 13,892, 13,797, 13,602, 13,500
– Upper Bollinger Band: 14,022, Middle Bollinger Band: 13,492 and Lower Bollinger Band: 13,031
– 100-day line: 13,000 and 200-day line: 12,334 and: 38-day line: 13,358
– Indicators: MACD: neutral | Slow stochastics: neutral | RSI: neutral | Momentum: positive
– Ichimoku Kinko Hyo: positive
– The opening at 9:00 a.m. is expected at around 13,900
– (Trailing) stop loss: 13,602, 13,892, 13,797, 13,602, 13,500 (depending on individual risk perception)

Primary trend (long term): Strategic goal: 15,000
Secondary trend (medium term): New all-time high
Tertiary trend (today): New all-time high

Live stream on December 14, 2020 from 6 p.m .:

With Hans-Werner Sinn, former President of the Ifo Institute.

With Hans-Werner Sinn, Former President of the Ifo Institute: Corona and the miraculous increase in money in Europe
– Here is the stream! –


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