Catalysts & Headlines (CET)

ISM Services PMI
A softer US services reading would reinforce risk appetite and support cyclicals; a hot print could trigger a pullback in DAX.
16:00
President Trump Speaks
Headline risk may lift volatility and cause sharp index swings, especially if trade or policy remarks hit risk sentiment.
19:00

Economic Calendar (CET)

📅
16:00USISM Services PMIHigh
19:00USPresident Trump SpeaksHigh

Key Levels — DAX

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LevelPriceType
R323450Resistance
R223350Resistance
R123250Resistance
POC23150POC
Pivot23000Pivot
S122950Support
S222850Support
S322750Support

Overnight Session

🌙
DAX Pre-Market
23168
488
EURO STOXX 50
5693
-40
VIX
25.08
1.21
10Y Yield
4.329
0.016
EUR-USD
1.1558
0.0016
Brent
108.62
-0.41

Market Context

📊
Overall market mood (0–100). Higher = more bullish. Lower = more bearish. Green = risk-on. Red = risk-off. Amber = mixed.
DAX Sentiment72
Options put/call balance (0–100). Higher = more puts, more hedging/fear. Lower = complacency. Green = low hedging. Red = heavy protection. Amber = balanced.
Put-Call58
VIX futures curve shape (0–100). Higher = steeper contango, calmer outlook. Lower = flatter or backwardated, stress rising. Green = calm. Red = elevated hedging demand. Amber = neutral.
VIX Term Structure41
EUR implied volatility level (0–100). Higher = more FX volatility, macro/ECB uncertainty. Lower = stable EUR, supportive for DAX exporters. Green = low vol. Red = high vol, stress. Amber = moderate.
Euro Vol47
DAX 40 breadth (0–100). Higher = broad participation, healthy rally. Lower = narrow leadership, rotation risk. Green = strong breadth. Red = weak breadth. Amber = mixed.
Breadth64

Session Playbook

🎯
Bull Case
OrderBuy Stop
Entry23220-23240
Stop23110
TP123350
TP223450
Above-session breakout continuation if buyers absorb the 23200 area.
Bear Case
OrderSell Stop
Entry23080-23090
Stop23170
TP122980
TP222850
A loss of 23100 opens a fast retrace toward the pivot and lower support.
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