DAX Issues Buy Signal Eyes Move Toward 24,000

Market Analysis

The DAX has generated a clear technical buy signal after breaching the key resistance zone around 23,750 points. Following the breakout, the German benchmark opened higher the next morning roughly 200 points above the breakout level and is now trading with the path of least resistance pointed higher. Short-term targets are 24,000 points and then the 24,30024,500 area, assuming the rally maintains momentum.

Yesterdays technical outlook had flagged a possible short- to mid-term bottom between 23,400 and 23,600 points. The scenario called for bullish follow-through if the index could sustainably move above 23,750 points, noting potential upside of roughly 600700 points from that trigger. Conversely, a decisive move below 23,300 points would have been negative and opened the door for renewed selling toward sub-23,000 territory. With the breakout now in place, that downside scenario has been pushed to the background for the time being.

The 23,70023,750 zone now acts as the important short-term support. Only an hourly close beneath this band would likely reintroduce sellers and invalidate the immediate bullish tilt. Market participants should also keep an eye on the US Federal Reserve decision later in the day; central bank moves and language can quickly shift global risk sentiment and influence European equity flows.

Trade Instruments & Opportunities

For investors who want to ride the upside in the DAX, DZ BANK offers a long knock-out certificate (DY69EP) with a listed leverage of approximately 9.99 (as of 18.03.2026) and a knock-out level near 20,801.33 points with no fixed maturity. Those expecting declines can access short exposure through DZ BANKs short certificate (DY8JF9), quoted with a leverage of about 10.00 and a knock-out level close to 25,486.75 points, also with unlimited maturity. These derivatives provide targeted exposure but carry product-specific risks; investors should consult the base prospectus and final terms before investing.

Beyond certificates and the index itself, the broader news flow includes scheduled and recent company events that could feed into market sentiment: the IPO planned for defense supplier Vincorion, commentary on Palantir as a trading idea, and headlines around Commerzbank and UniCredit tied to takeover discussions. Data and market feeds for the coverage are provided by FactSet and Mountain-View Data.

Conclusion

Technically, the DAX has cleared an important hurdle and is positioned for a near-term move toward 24,000 and beyond if support near 23,70023,750 holds. Traders should monitor hourly closes relative to that support and digest the Fed interest-rate communication, which may determine whether momentum continues or stalls. As always, leveraged products such as knock-out certificates amplify both gains and losses, so investors should weigh exposures carefully and read the offering documents before committing capital.