Dax moved out from the long channel
and is now drifting sideways.
In my view no time to act at the moment in long or short direction.
On the sownside to short there is support at around 12260
(blue lower line)
If it breaks that also its short time in m< view.
On the upside the next barrier resistance is 12350 aerea.
(blue upper line )
If Dax will breake these level maybe Dax can move up in the long channel again
and its time for a procyle action long.
Best is to wait what will happen.