--- Next week I expect the annual high and that's why I am raising 2 resistance zones here: for this and next week:
1. between 16266 & 16397 and
2. between 16362 & 16496.
--- The first TP levels are down @:
16238.2
16021.7
November will stay above 15751.5, but in December, January would be possible to reach at least 15127.
In between I found some time to quickly post a potential short idea.
The DAX is currently encountering resistance, which the Supertrend also confirms.
--- But if this week hits 15925 then I will see if short signals in H1 or H4 are clear.
After this setup, there should be a new ATH in November and then head south to complete the red C.
Good luck, and if you find...
--- Higher tomorrow than today
--- In the white circle = short, ideally as soon as SMA 200 is reached
--- Closes this week under 15368 and if it stays below this until the end of September, then red or black paths are possible
--- If it is clearly above 15368 next week, then I will follow the blue path
--- All lines below 15368 are profit levels!
