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Bullish
DAX 40
Archived analysis from Aug 7, 2026, 5:23 AM
26,223 ATH cleared this week; next technical target is 27,200 per German analysts — bulls need Hormuz deal to extend.
Record high 26,223 set Tue; index holds above breakout zone at 25,923 — trend intact.
Main Risk
US-Iran Strait of Hormuz breakdown
Collapse of 60-day Hormuz deal reopens geopolitical risk; oil spike hits German exporters hard.
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