Catalysts & Headlines (CET)

⚡
Cheaper oil lifts European cyclicals
Brent’s 1.77% slide eases inflation pressure and favors travel, retail and rate-sensitive DAX names.
08:46
SAP strength drives DAX outperformance
Software leadership is helping the DAX outperform while energy shares absorb the oil pullback.
08:46
US consumer confidence carries afternoon risk
A stronger reading could lift yields and challenge growth shares during the US session.
16:00
Geopolitical headline risk remains active
Renewed conflict or shipping disruption could reverse the oil decline and revive defensive positioning.
08:46

Economic Calendar (CET)

📅
16:00USCB Consumer ConfidenceMed

Key Levels — DAX

📐
LevelPriceType
R325715Resistance
R225626Resistance
R125516Resistance
POC25474POC
Pivot25427Pivot
S125361Support
S225242Support
S325049Support

Overnight Session

🌙
DAX Pre-Market
25516
467
EURO STOXX 50
6282
1
VIX
18.67
0.09
10Y Yield
4.641
-0.038
EUR-USD
1.1373
-0.0022
Brent
86.80
-1.56

Market Context

📊
Overall DAX risk appetite, estimated from price action and breadth. Colour = the read: green = risk-on/bullish, amber = mixed, red = risk-off/bearish. Bar = how pronounced the reading is.
DAX Sentiment
Strong, gap holding
Index options put/call balance. Heavy puts = hedging/fear; light puts = complacency. Colour: green = light hedging (constructive), amber = balanced, red = heavy protection (defensive). Bar = strength of the signal.
Put-Call
Balanced defensive positioning
Shape of the VIX futures curve (VIX9D vs 30-day VIX), computed from live data. Contango (front below spot) = calm; flat or inverted = near-term fear. Colour: green = calm contango, amber = flat, red = inverted/stress. Bar = stress level.
VIX Term Structure
Flat carry
European equity volatility read (VSTOXX-style; proxied from VIX and price action, since live VSTOXX is unavailable). Colour: green = calm/risk-on (supportive for DAX), amber = mid, red = elevated stress. Bar = strength of the signal.
Euro Vol
Cooling after risk repricing
DAX-40 participation - how broad it is. Colour: green = broad/strong, amber = mixed, red = narrow/weak. Bar = strength of the signal.
Breadth
Narrow, tech-led advance

Session Playbook

🎯
Bull Case
OrderBuy Limit
Entry25353-25369
Stop25259
TP125483
TP225606
S1 dip buying preserves upside participation without chasing the gap; R1 and R2 keep reward disciplined.
Bear Case
OrderSell Limit
Entry25517-25528
Stop25625
TP125400
TP225278
Fade only if R1 rejects; a move above R2 invalidates the reversal while S1 and S2 define downside.
TradingView
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