The current candle has begun under all the Ichimoku lines so according to me this is a confirmation of the bearish trend in 4 hour timeframe, so for day trading.
I think it's important to observe DAX performance in the real (dollar) terms. That basically means we have to look GER30*EURUSD. It made it's top long before compared to nominal terms (GER30) @ 12386 in 2015-04-06. Since that day it has been trending lower, but are things starting to change? The ratio tells you that has the price appreciation been faster than...
It has to work out all the possible design and construction and will fall
long DAX before news TP / SL on chart.
Selling daily highs near strong support: 10650-10775
Given: Deutsche Bank issues will not be instantly solved. Lufthansa, Commerzbank, Volkswagen doing disastrously bad..! TP1: 10300 TP2: 9400
If the MACD crosses and turns negative, it will be all over. If the nearest trendline doesn't hold, expect at least 9800 area to come. Possible bounce can come from there also. We can't rule out bullish scenario out. There is gap still open (dax cash) nearby the 10560