DAX40

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DAX40 Germany 40 Cash (E25)IG:DAXShavyfxhubDAX4O current price @ 24,265 23,726 could retest 24,405k supply roof zone and sell again. 22,946 next demandfloor to watch the dax40 holding firmly on weekly support amidst geopolitical tension and strong economic uncertainty . am looking to sell dax40 again as part of short term correction. you might ask ,what is dax40??? The DAX 40, also known as the DAX index or GER40, is Germany's primary stock market index. It tracks the performance of the 40 largest and most liquid companies listed on the Frankfurt Stock Exchange. Key Details Originally launched in 1988 with 30 companies, it expanded to 40 in 2021 to better represent Germany's economy, covering about 80% of the exchange's market cap. It uses a free-float methodology based on market capitalization and trading volume, with prices sourced from the Xetra electronic system. Importance The index serves as a benchmark for the German economy and a broader indicator for European markets, featuring global giants like Siemens, SAP, Volkswagen, Bayer, BMW, and Adidas. Rising DAX levels often signal economic strength, while declines may hint at challenges. DAX40 (Germany's top stock index) and US10Y (US 10-year Treasury yield) often show an inverse relationship , where rising US yields can pressure equities like DAX due to higher borrowing costs and capital shifts to bonds. wish you good luck. #DAX40 #BONDS #STOCKS