Since the beginning of the year, the German Index consolidated above its previous ATH.
At this point, it seems like a correction is just around the corner and Dax can take a dive to 12500
Selling rallies in this anticipation can have a great R:R
Sell a break at 13988.
Overbought extremes early optimism is likely to lead to gain allthrough extended attempts higher are expected to fail. A higher correction is expected.
A move through 14000 will confirm the bearish momentum.
price chart with gaps almost every day is typical for very thinly-traded securities and should be avoided. Prices often gap up or down at market open, but the gap does not last until the market closes. Such temporary intraday gaps should not be considered as having any more significance than normal market volatility.