Main level: 23,113
This area, which was previously a consolidation area, now acts as an important resistance level.
A failed test and rejection at 23113 will likely lead to a resumption of downward momentum.
Negative goals include:
22,183 – Initial support
21,916 – Medium support
21,566 – long-term support level
Bullish scenario (breakout above 23,133):
A confirmed breakout and daily close above 23133 would invalidate the bearish setup.
In this case, the potential upward resistance levels are:
23,420 – First resistance
24,640 – additional upside target
conclusion
The DAX remains under downward pressure, with the 23133 level acting as a key inflection point. As long as the price remains below this level, the bias favors further decline. Traders should monitor price confirmation around this level to evaluate the next move.
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