Catalysts & Headlines (CET)

⚡
U.S. producer-price reaction
Headline and core producer prices shape the rates impulse and afternoon equity risk appetite.
14:30
Aggressive ECB tightening risk
Pricing for a 50 basis-point hike lifts eurozone yields and restrains rate-sensitive DAX sectors.
15:16
ASML earnings beat
Strong results and AI-chip demand support European semiconductor and growth shares.
15:16
Hormuz oil-risk premium
Supply disruption fears support energy shares but raise inflation and margin risks across the broader index.
15:16
Fed Chair Warsh testimony
Rate guidance can move U.S. yields and determine whether the DAX sustains its afternoon bid.
16:00

Economic Calendar (CET)

📅
14:30USCore PPI m/mHigh
14:30USPPI m/mHigh
16:00USFed Chair Warsh testifiesHigh

Key Levels — DAX

📐
LevelPriceType
R325370Resistance
R225250Resistance
R125152Resistance
POC25070POC
Pivot25044Pivot
S124946Support
S224820Support
S324690Support

Overnight Session

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DAX Pre-Market
25122
219
EURO STOXX 50
6282
2
VIX
16.15
-0.35
10Y Yield
4.561
-0.024
EUR-USD
1.1431
0.0047
Brent
84.83
0.10

Market Context

📊
Overall DAX risk appetite, estimated from price action and breadth. Colour = the read: green = risk-on/bullish, amber = mixed, red = risk-off/bearish. Bar = how pronounced the reading is.
DAX Sentiment
Firm, buyers control tape
Index options put/call balance. Heavy puts = hedging/fear; light puts = complacency. Colour: green = light hedging (constructive), amber = balanced, red = heavy protection (defensive). Bar = strength of the signal.
Put-Call
Balanced, slight call tilt
Shape of the VIX futures curve (VIX9D vs 30-day VIX), computed from live data. Contango (front below spot) = calm; flat or inverted = near-term fear. Colour: green = calm contango, amber = flat, red = inverted/stress. Bar = stress level.
VIX Term Structure
Contango, calm
European equity volatility read (VSTOXX-style; proxied from VIX and price action, since live VSTOXX is unavailable). Colour: green = calm/risk-on (supportive for DAX), amber = mid, red = elevated stress. Bar = strength of the signal.
Euro Vol
Contained, rates add tension
DAX-40 participation - how broad it is. Colour: green = broad/strong, amber = mixed, red = narrow/weak. Bar = strength of the signal.
Breadth
Narrow, leadership lacks depth

Session Playbook

🎯
Bull Case
OrderBuy Stop
Entry25142-25162
Stop25052
TP125272
TP225392
Trigger only through buffered R1 resistance; acceptance above the session high opens R2, with R3 reserved for sustained momentum.
Bear Case
OrderSell Limit
Entry25142-25162
Stop25252
TP125032
TP224912
Fade rejection at R1 only if buyers stall; R2 defines risk, while a failed auction exposes S1 and S2.
TradingView
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