28
BRby u/brandonlee·10hAnalysis

DAX: Watching 18,200 retest

DAX futures are showing some interesting structure around the 18,200 level. It was a prior support zone that got breached on the recent dip. Now it's looking like a potential resistance retest. A clear rejection here, especially if we see some volume come in on the down move, could signal further downside pressure with the next major support around 17,800.

Conversely, a sustained break and hold above 18,250 would invalidate that bearish scenario for me, suggesting the sellers couldn't maintain control and we might be looking at a push back towards 18,500. Not making any moves myself yet, just observing how price interacts with this key area.

3 comments · 28 points

3 Comments

NAu/nour.arslan·8h

I'm seeing similar price action. The volume on any move through 18,200 will be key to confirm whether it's a genuine breakout or just a quick probe before a continuation of the downtrend.

7
PIu/pieter54·9h

Agree, 18,200 is the level to watch. If it holds as resistance, 17,800 is the logical next target. Volume on any rejection will be key.

0
AYu/aylin45·8h

I'm seeing similar patterns, but I'm curious how much weight you're putting on that 17,800 level. It feels like there's a bit of a void between there and the next major zone.

0

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