Catalysts & Headlines (CET)
BoE Gov Bailey remarks
Any hawkish/dovish tilt can move GBP rates and spill into EU equities via financials and risk sentiment.
10:30
US weekly jobless claims
A surprise can reprice US yields and risk appetite quickly, amplifying DAX volatility into the cash open/US session.
13:30
Economic Calendar (CET)
10:30🇬🇧 BOE Gov Bailey SpeaksMed
13:30🇺🇸 Unemployment ClaimsHigh
Key Levels — DAX
| Level | Price | Type |
|---|---|---|
| R3 | 23800 | Resistance |
| R2 | 23700 | Resistance |
| R1 | 23640 | Resistance |
| POC | 23595 | POC |
| Pivot | 23550 | Pivot |
| S1 | 23500 | Support |
| S2 | 23400 | Support |
| S3 | 23300 | Support |
Overnight Session
DAX Pre-Market
23595
-45
EURO STOXX 50
5756
-39
VIX
25.66
1.43
10Y Yield
4.226
0.018
EUR-USD
1.1539
-0.0072
Brent
94.60
2.62
Market Context
Composite sentiment from institutional positioning, options flow, and retail surveys.
DAX Sentiment42
Put/Call Ratio — above 1.0 = hedging/fear; below 0.7 = complacency.
Put-Call57
Front-month vs back-month VIX spread. Contango = calm. Backwardation = stress.
VIX Term Structure63
Euro currency implied volatility. Rising = ECB uncertainty or macro stress.
Euro Vol60
% of DAX 40 constituents above 20-day MA. High = broad trend. Low = rotation risk.
Breadth38
Session Playbook
Bull Case
| Order | Buy Stop |
| Entry | 23641-23670 |
| Stop | 23549 |
| TP1 | 23700 |
| TP2 | 23800 |
Reclaiming prior close and clearing first resistance can squeeze shorts; targets align with 23700/23800 supply zones.
Bear Case
| Order | Sell Stop |
| Entry | 23499-23480 |
| Stop | 23571 |
| TP1 | 23400 |
| TP2 | 23300 |
Break of 23500 risks acceleration with weak tone in EU equities; targets are next support shelves at 23400/23300.
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