Chart of the day - DE30 (19.05.2023)

German DAX rallied over the past two days, adding almost 2% over Wednesday and Thursday combined. The upward move was being continued on the futures market during the Asian session today as optimism over possible agreement on US debt ceiling drove equities higher. As a result, DAX futures (DE30) briefly traded above 16,300 pts mark at fresh all-time highs.

Taking a look at DE30 chart at H1 interval, we can see that the upward move on the German index accelerated after breaking above the 15,810-16,085 pts range. While the index pulled back a bit after reaching a fresh ATH, there is still some room for gains from a technical point of view. A textbook range of the upside breakout from the aforementioned 15,810-16,085 pts trading range suggests a possibility of the upward move to as high as 16,355 pts - or around 0.6% higher from current market price.

DE30 at H1 interval. Source: xStation5

DE30 at D1 interval. Source: xStation5

5 March 2026, 12:04 PM

Market wrap: Indices try to maintain rebound despite rising oil price🗽Broadcom shares surge

5 March 2026, 7:06 AM

BREAKING: US500 gains amid military officials remarks on Strait of Hormuz

5 March 2026, 6:59 AM

Morning wrap (05.03.2026)

4 March 2026, 6:21 PM

Daily Summary – Indices rebound as oil markets await further developments

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