Mar. 6 at 8:40 AM
$DAX 📉
Since June 2025,
$DAX has been stuck in a distribution range with a false breakout in Jan. Now in a markdown phase, breaking below the 200 DMA with a bear flag forming, leaving 2 gaps above.
👉Click to view @StockMomentumLab for timely updates amid the volatility.
Price action shows lots of empty air below down to ~18K base, plus 3 unfilled gaps from April 2025.
Macro context: EU is effectively short energy. With rising energy costs, structural pressure remains bearish. Letting Ukraine pipeline issues push
$2 natgas from Russia? Not ideal for European equities.
Technically and fundamentally,
$DAX is set up for downside unless energy dynamics reverse.