DAX 40: Can the Index Print Fresh Record Highs Once Again?

The article argues that Germany 40’s recent more-than-2% pullback is likely a healthy correction rather than a trend break. The index had rallied to record highs on optimism around Germany’s fiscal shift toward defense, infrastructure, and climate spending, but now sits at a critical technical juncture near an ascending trendline and the 24,500–24,600 support zone. Macro conditions are mixed: German durable goods orders beat expectations, yet some GDP growth is seen as calendar-driven, not purely demand-led. The ECB’s first hike since 2023 and a firmer euro have pressured rate-sensitive and export-heavy DAX sectors. A bounce from support could revive the uptrend and put new record highs back in play; a decisive break lower would open the way toward 24,000 and potentially 23,000–23,200.