Catalysts & Headlines (CET)
US retail sales may reset growth expectations
A stronger print would lift yields and pressure DAX cyclicals and duration-sensitive sectors.
14:30
Fed testimony can move rates and equities
Any hawkish guidance would likely extend risk-off pressure into European cash hours.
16:00
Trump remarks could amplify headline volatility
Political comments may add abrupt intraday swings in equities, rates, and FX.
14:30
UK labor data supports European rate expectations
Sticky wage readings can keep European yields firm and cap equity rebounds.
08:00
Economic Calendar (CET)
08:00GBClaimant Count ChangeHigh
08:00GBAverage Earnings Index 3m/yMed
14:30USCore Retail Sales m/mHigh
14:30USRetail Sales m/mHigh
14:30USPresident Trump SpeaksMed
16:00USFed Chairman-Designate Warsh TestifiesHigh
16:00USPending Home Sales m/mMed
Key Levels — DAX
| Level | Price | Type |
|---|---|---|
| R3 | 24720 | Resistance |
| R2 | 24610 | Resistance |
| R1 | 24520 | Resistance |
| POC | 24460 | POC |
| Pivot | 24480 | Pivot |
| S1 | 24440 | Support |
| S2 | 24320 | Support |
| S3 | 24240 | Support |
Overnight Session
DAX Pre-Market
24458
-244
EURO STOXX 50
5982
-0
VIX
18.98
0.11
10Y Yield
4.270
0.020
EUR-USD
1.1766
0.0025
Brent
90.78
-4.70
Market Context
Overall market mood (0–100). Higher = more bullish. Lower = more bearish. Green = risk-on. Red = risk-off. Amber = mixed.
DAX Sentiment34
Options put/call balance (0–100). Higher = more puts, more hedging/fear. Lower = complacency. Green = low hedging. Red = heavy protection. Amber = balanced.
Put-Call46
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 Vol38
DAX 40 breadth (0–100). Higher = broad participation, healthy rally. Lower = narrow leadership, rotation risk. Green = strong breadth. Red = weak breadth. Amber = mixed.
Breadth31
Session Playbook
Bull Case
| Order | Buy Stop |
| Entry | 24525-24545 |
| Stop | 24415 |
| TP1 | 24610 |
| TP2 | 24720 |
Only if price reclaims intraday resistance and confirms a squeeze above the morning range.
Bear Case
| Order | Sell Stop |
| Entry | 24405-24385 |
| Stop | 24495 |
| TP1 | 24320 |
| TP2 | 24240 |
Breakdown trade if the early low gives way before U.S. catalysts hit.
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