Catalysts & Headlines (CET)

US labour-market impulse
The ADP print influences dollar, yield and US index futures direction into the European afternoon.
14:15
Wall Street opening flow
A firm US open would help sustain the DAX bid above the pivot, while an early fade could pressure late longs.
15:30
Xetra close positioning
Late-session positioning matters after a large trend day, with funds likely to defend gains above 24935.
17:30

Economic Calendar (CET)

📅
14:15USADP Non-Farm Employment ChangeMed

Key Levels — DAX

📐
LevelPriceType
R325335Resistance
R225152Resistance
R125055Resistance
POC24920POC
Pivot24935Pivot
S124835Support
S224735Support
S324635Support

Overnight Session

🌙
DAX Pre-Market
24935
943
EURO STOXX 50
6019
150
VIX
16.77
-0.61
10Y Yield
4.358
-0.058
EUR-USD
1.1761
0.0069
Brent
103.36
-6.51

Market Context

📊
Overall market mood (0–100). Higher = more bullish. Lower = more bearish. Green = risk-on. Red = risk-off. Amber = mixed.
DAX Sentiment78%
Options put/call balance (0–100). Higher = more puts, more hedging/fear. Lower = complacency. Green = low hedging. Red = heavy protection. Amber = balanced.
Put-Call62%
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 Structure67%
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 Vol54%
DAX 40 breadth (0–100). Higher = broad participation, healthy rally. Lower = narrow leadership, rotation risk. Green = strong breadth. Red = weak breadth. Amber = mixed.
Breadth82%

Session Playbook

🎯
Bull Case
OrderBuy Stop
Entry24923-24947
Stop24835
TP125055
TP225152
Momentum stays favoured while price reclaims and holds the pivot, targeting continuation toward session resistance.
Bear Case
OrderSell Limit
Entry25043-25067
Stop25152
TP124835
TP224735
Fade only if the rally stalls at first resistance and momentum fails to confirm above the breakout zone.
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