Read more
12:53 PM · 1 September 2022

DE30: Strong correction after strong rally

The German benchmark index reaches a new weekly low.

D1 chart

The DE30 continues to fall on Thursday, testing the 78.6% retracement of the rally that started in early July for the second time this week. The index hits its lowest level in more than a month, narrowing the gap to the low for the year to around 2.5%. Selling pressure increased after Monday's daily high (12,942 points) could not be broken.

Source: xStation5

H4 chart

The downward trend was confirmed by a lower low at midday today. The next price targets that the bears could focus on are at 12,417 and 12,366 points. A break below the second support (annual low) would confirm the medium-term downtrend and trigger stronger losses. To end the short-term downtrend, resistance at 13,154 points must be overcome.

Source: xStation5

Maximilian Wienke, CFTe
XTB Germany

30 January 2026, 6:09 PM

Three Markets to Watch Next Week (30.01.2026)

30 January 2026, 11:26 AM

Market wrap: European indices outperform US stocks ahead of the opening bell on Wall Street 📉

29 January 2026, 6:48 PM

Daily summary: Wall Street and precious metals try to rebound 📈Microsoft down 12%

29 January 2026, 3:12 PM

US Open🚨US100 slides almost 2% amid 11% Microsoft shares crash📉

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits