There is low price area since 2009. This situation really calls for change, Oil companies have problem keep their business. Sentiment on whole stock market is actualy down as well.
Dax is still going down. Automotive sector is under pressure and also european bluechip stocks. There is a question about future. I see two ways from this chart. 1st trading range 9 300 - 10 300 or continuing of actual trend to 8 500.
For decision I use very small time frames.