We see a large candle which broke the Longtermtrend. At the actual level the Index seems to be well supported for the shortterm. The index tested this niveau several times and here is based the 200. A rebound to the breakoutniveau should be exspected from that level..
For the longterm the situation looks critical. If the Index could not reenter his long-trend, a selloff to the 0,38/0,5 fibo can be planned. Only sustainable prices above 24.600, respective 24.400 will turn the chart bullisch again.
Red: Expected szenario
Grey: Alternative Szenario