Catalysts & Headlines (CET)
US unemployment claims
A softer labor print would support rates and risk assets, while a hotter print can extend equity pressure and keep DAX rallies capped.
13:30
President Trump speaks
Late-session headlines can move USD, yields, and index futures, adding headline risk into the US close.
21:00
Economic Calendar (CET)
13:30USUnemployment ClaimsHigh
21:00USPresident Trump SpeaksMed
Key Levels — DAX
| Level | Price | Type |
|---|---|---|
| R3 | 22880 | Resistance |
| R2 | 22780 | Resistance |
| R1 | 22700 | Resistance |
| POC | 22630 | POC |
| Pivot | 22635 | Pivot |
| S1 | 22560 | Support |
| S2 | 22480 | Support |
| S3 | 22390 | Support |
Overnight Session
DAX Pre-Market
22626
-11
EURO STOXX 50
5572
-78
VIX
27.14
1.81
10Y Yield
4.370
0.042
EUR-USD
1.1545
-0.0070
Brent
101.57
-0.65
Market Context
Composite sentiment from institutional positioning, options flow, and retail surveys.
DAX Sentiment38
Put/Call Ratio — above 1.0 = hedging/fear; below 0.7 = complacency.
Put-Call61
Front-month vs back-month VIX spread. Contango = calm. Backwardation = stress.
VIX Term Structure70
Euro currency implied volatility. Rising = ECB uncertainty or macro stress.
Euro Vol66
% of DAX 40 constituents above 20-day MA. High = broad trend. Low = rotation risk.
Breadth42
Session Playbook
Bull Case
| Order | Buy Stop |
| Entry | 22685-22705 |
| Stop | 22585 |
| TP1 | 22780 |
| TP2 | 22880 |
Reclaim above intraday resistance and short-covering may extend toward the morning high.
Bear Case
| Order | Sell Stop |
| Entry | 22555-22545 |
| Stop | 22620 |
| TP1 | 22480 |
| TP2 | 22390 |
Break below session support can trigger momentum selling toward lower DAX supports.
Tools We Trade WithUsed for / with this analysis
FTMO→
Prop FirmGet funded to trade DAX futures with up to 400K capital. Keep up to 90% of profits.
Get Funded with FTMO →
CashbackForex→
Trading RebatesEarn cashback on every trade. Reduce your trading costs with the largest forex rebate program since 2008.
Start Earning Rebates →
ChartPrime→
TradingView IndicatorsPremium trend signals, smart money concepts, order blocks, and volume tools for TradingView.
Try ChartPrime →
HostLabReviews→
Trading Tech ReviewsIndependent reviews of VPS and other hosting solutions.
Read Reviews →