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DAX made a Doji on Daily time frame

DAX was down on Tuesday after testing the high level of 20502 in the last trading session as The DAX dipped 0.1% on Monday, pulling back slightly from its record high as traders awaited the ECB decision on Thursday, expected to announce its fourth 25-basis-point rate cut. Losses in major stocks like Deutsche Telekom, SAP, and Allianz outweighed gains in Airbus and Siemens. However, auto stocks performed strongly, buoyed by China’s announcement of plans for “moderately loose” monetary policy and “more proactive” fiscal measures in 2025, sparking hopes for further stimulus.