Dax futures

For **DAX futures**, the setup for the coming week is still **range‑bound with a slight bearish bias**, using the cash DAX index (^GDAXI) as proxy. **Where it is now (cash index):** - **Last close (Fri):** ~**23,450** - **20‑day SMA:** ~**24,460** - **50‑day SMA:** ~**24,735** - **Recent 30‑day range:** ~**23,410 – 25,290** So DAX is trading **near the bottom of its recent range and well below both 20‑ and 50‑day MAs**, which act as *downward‑sloping resistance*. Futures will mirror this structure with small basis differences. ### Key levels for DAX futures this week 📊 (Use the same zones on your futures chart; adjust a few points for your contract’s exact pricing.) **Support** - **≈ 23,400** – recent 30‑day low area; first line in the sand. - **Below there:** watch the **23,000 round number** as the next psychological support. **Resistance** - **≈ 24,500** – near the 20‑day SMA, first major resistance; rallies into this zone are likely to meet selling unless news turns clearly positive. - **≈ 24,700–25,000** – around the 50‑day SMA and big figure cluster. - **≈ 25,300** – recent range high (~25,289); a sustained break above here would signal the correction is likely ending and a broader uptrend resuming. **Bias** - While futures are **below ~24,500**, the path of least resistance is **choppy to slightly down**, with rallies more likely to be **sold into** than extended. - A **clean daily close below ~23,400** on cash would open room for a deeper correction; a **reclaim and hold above ~25,300** would flip the outlook decisively more bullish. ### Macro backdrop (why it’s heavy) 🌍 - Recent weakness in DAX has been tied to **risk‑off sentiment and trade‑tariff uncertainty**, with European indices selling off on tariff headlines even as the medium‑term trend is still technically up. - This kind of environment tends to favor **fade‑the‑rally** trades in futures until there’s clearer positive news. ### Visual – recent DAX structure ```reference [{"data":{"application/vnd.plotly.v1+json":{"data":[{"mode":"lines","name":"DAX close","x":["2025-12-15T00:00:00","2025-12-16T00:00:00","2025-12-17T00:00:00","2025-12-18T00:00:00","2025-12-19T00:00:00","2025-12-22T00:00:00","2025-12-23T00:00:00","2025-12-29T00:00:00","2025-12-30T00:00:00","2026-01-02T00:00:00","2026-01-05T00:00:00","2026-01-06T00:00:00","2026-01-07T00:00:00","2026-01-08T00:00:00","2026-01-09T00:00:00","2026-01-12T00:00:00","2026-01-13T00:00:00","2026-01-14T00:00:00","2026-01-15T00:00:00","2026-01-16T00:00:00","2026-01-19T00:00:00","2026-01-20T00:00:00","2026-01-21T00:00:00","2026-01-22T00:00:00","2026-01-23T00:00:00","2026-01-26T00:00:00","2026-01-27T00:00:00","2026-01-28T00:00:00","2026-01-29T00:00:00","2026-01-30T00:00:00","2026-02-02T00:00:00","2026-02-03T00:00:00","2026-02-04T00:00:00","2026-02-05T00:00:00","2026-02-06T00:00:00","2026-02-09T00:00:00","2026-02-10T00:00:00","2026-02-11T00:00:00","2026-02-12T00:00:00","2026-02-13T00:00:00","2026-02-16T00:00:00","2026-02-17T00:00:00","2026-02-18T00:00:00","2026-02-19T00:00:00","2026-02-20T00:00:00","2026-02-23T00:00:00","2026-02-24T00:00:00","2026-02-25T00:00:00","2026-02-26T00:00:00","2026-02-27T00:00:00","2026-03-02T00:00:00","2026-03-03T00:00:00","2026-03-04T00:00:00","2026-03-05T00:00:00","2026-03-06T00:00:00","2026-03-09T00:00:00","2026-03-10T00:00:00","2026-03-11T00:00:00","2026-03-12T00:00:00","2026-03-13T00:00:00"],"y":{"dtype":"f8","bdata":"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"},"type":"scatter"},{"mode":"lines","name":"SMA 20","x":["2025-12-15T00:00:00","2025-12-16T00:00:00","2025-12-17T00:00:00","2025-12-18T00:00:00","2025-12-19T00:00:00","2025-12-22T00:00:00","2025-12-23T00:00:00","2025-12-29T00:00:00","2025-12-30T00:00:00","2026-01-02T00:00:00","2026-01-05T00:00:00","2026-01-06T00:00:00","2026-01-07T00:00:00","2026-01-08T00:00:00","2026-01-09T00:00:00","2026-01-12T00:00:00","2026-01-13T00:00:00","2026-01-14T00:00:00","2026-01-15T00:00:00","2026-01-16T00:00:00","2026-01-19T00:00:00","2026-01-20T00:00:00","2026-01-21T00:00:00","2026-01-22T00:00:00","2026-01-23T00:00:00","2026-01-26T00:00:00","2026-01-27T00:00:00","2026-01-28T00:00:00","2026-01-29T00:00:00","2026-01-30T00:00:00","2026-02-02T00:00:00","2026-02-03T00:00:00","2026-02-04T00:00:00","2026-02-05T00:00:00","2026-02-06T00:00:00","2026-02-09T00:00:00","2026-02-10T00:00:00","2026-02-11T00:00:00","2026-02-12T00:00:00","2026-02-13T00:00:00","2026-02-16T00:00:00","2026-02-17T00:00:00","2026-02-18T00:00:00","2026-02-19T00:00:00","2026-02-20T00:00:00","2026-02-23T00:00:00","2026-02-24T00:00:00","2026-02-25T00:00:00","2026-02-26T00:00:00","2026-02-27T00:00:00","2026-03-02T00:00:00","2026-03-03T00:00:00","2026-03-04T00:00:00","2026-03-05T00:00:00","2026-03-06T00:00:00","2026-03-09T00:00:00","2026-03-10T00:00:00","2026-03-11T00:00:00","2026-03-12T00:00:00","2026-03-13T00:00:00"],"y":{"dtype":"f8","bdata":"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"},"type":"scatter"},{"mode":"lines","name":"SMA 50","x":["2025-12-15T00:00:00","2025-12-16T00:00:00","2025-12-17T00:00:00","2025-12-18T00:00:00","2025-12-19T00:00:00","2025-12-22T00:00:00","2025-12-23T00:00:00","2025-12-29T00:00:00","2025-12-30T00:00:00","2026-01-02T00:00:00","2026-01-05T00:00:00","2026-01-06T00:00:00","2026-01-07T00:00:00","2026-01-08T00:00:00","2026-01-09T00:00:00","2026-01-12T00:00:00","2026-01-13T00:00:00","2026-01-14T00:00:00","2026-01-15T00:00:00","2026-01-16T00:00:00","2026-01-19T00:00:00","2026-01-20T00:00:00","2026-01-21T00:00:00","2026-01-22T00:00:00","2026-01-23T00:00:00","2026-01-26T00:00:00","2026-01-27T00:00:00","2026-01-28T00:00:00","2026-01-29T00:00:00","2026-01-30T00:00:00","2026-02-02T00:00:00","2026-02-03T00:00:00","2026-02-04T00:00:00","2026-02-05T00:00:00","2026-02-06T00:00:00","2026-02-09T00:00:00","2026-02-10T00:00:00","2026-02-11T00:00:00","2026-02-12T00:00:00","2026-02-13T00:00:00","2026-02-16T00:00:00","2026-02-17T00:00:00","2026-02-18T00:00:00","2026-02-19T00:00:00","2026-02-20T00:00:00","2026-02-23T00:00:00","2026-02-24T00:00:00","2026-02-25T00:00:00","2026-02-26T00:00:00","2026-02-27T00:00:00","2026-03-02T00:00:00","2026-03-03T00:00:00","2026-03-04T00:00:00","2026-03-05T00:00:00","2026-03-06T00:00:00","2026-03-09T00:00:00","2026-03-10T00:00:00","2026-03-11T00:00:00","2026-03-12T00:00:00","2026-03-13T00:00:00"],"y":{"dtype":"f8","bdata":"TaYKRv1p10BDrWnecWjXQEhQ/BhDZddApN++DjRj10ADeAskcGPXQI6XbhLrYtdAXynLEG9j10DaPXlYSGTXQISezapfZddAIGPuWupo10Dpt68D92vXQN9PjZfGbtdAsi5uo6Fz10BBYOXQOnjXQLKd76dWfddANIC3QNKC10B2cRsNiIjXQFH8GHNXjtdAZKpgVIKU10DqJjEINJvXQBsv3SRWn9dAZF3cRhuj10Bt5/upqaXXQGZmZmZGq9dAKVyPwu2x10B78rBQy7bXQDojSnvTutdA8tJNYgi910C/fR04X77XQP3UeOmuwddAWmQ737fH10DWxW00uM/XQGpN847r1tdA11bsL/vc10BIcvkPIeXXQHPXEvIB7tdAhJ7Nqp/110Bc/kP6RfvXQE+Nl26yANhACYofYxYG2EB24JwRJQzYQOxRuB6VEthAexSuR4Ea2EB2cRsNUCDYQONYF7d5JthAgZVDizQr2EBuEoPAUi/YQDeJQWCNNNhASlmGOIY52EDxY8xdAz/YQBHHurgNQdhAw/UoXJ8/2ED4wmSq2EDYQMWPMXftPthAt/P91HA72EBNYhBYETfYQIqw4ek1NdhA+g/pt6cx2EBApN++Ji3YQET67euwJ9hA"},"type":"scatter"}],"layout":{"template":{"data":{"barpolar":[{"marker":{"line":{"color":"#E5ECF6","width":0.5},"pattern":{"fillmode":"overlay","size":10,"solidity":0.2}},"type":"barpolar"}],"bar":[{"error_x":{"color":"#2a3f5f"},"error_y":{"color":"#2a3f5f"},"marker":{"line":{"color":"#E5ECF6","width":0.5},"pattern":{"fillmode":"overlay","size":10,"solidity":0.2}},"type":"bar"}],"carpet":[{"aaxis":{"endlinecolor":"#2a3f5f","gridcolor":"white","linecolor":"white","minorgridcolor":"white","startlinecolor":"#2a3f5f"},"baxis":{"endlinecolor":"#2a3f5f","gridcolor":"white","linecolor":"white","minorgridcolor":"white","startlinecolor":"#2a3f5f"},"type":"carpet"}],"choropleth":[{"colorbar":{"outlinewidth":0,"ticks":""},"type":"choropleth"}],"contourcarpet":[{"colorbar":{"outlinewidth":0,"ticks":""},"type":"contourcarpet"}],"contour":[{"colorbar":{"outlinewidth":0,"ticks":""},"colorscale":[[0.0,"#0d0887"],[0.1111111111111111,"#46039f"],[0.2222222222222222,"#7201a8"],[0.3333333333333333,"#9c179e"],[0.4444444444444444,"#bd3786"],[0.5555555555555556,"#d8576b"],[0.6666666666666666,"#ed7953"],[0.7777777777777778,"#fb9f3a"],[0.8888888888888888,"#fdca26"],[1.0,"#f0f921"]],"type":"contour"}],"heatmap":[{"colorbar":{"outlinewidth":0,"ticks":""},"colorscale":[[0.0,"#0d0887"],[0.1111111111111111,"#46039f"],[0.2222222222222222,"#7201a8"],[0.3333333333333333,"#9c179e"],[0.4444444444444444,"#bd3786"],[0.5555555555555556,"#d8576b"],[0.6666666666666666,"#ed7953"],[0.7777777777777778,"#fb9f3a"],[0.8888888888888888,"#fdca26"],[1.0,"#f0f921"]],"type":"heatmap"}],"histogram2dcontour":[{"colorbar":{"outlinewidth":0,"ticks":""},"colorscale":[[0.0,"#0d0887"],[0.1111111111111111,"#46039f"],[0.2222222222222222,"#7201a8"],[0.3333333333333333,"#9c179e"],[0.4444444444444444,"#bd3786"],[0.5555555555555556,"#d8576b"],[0.6666666666666666,"#ed7953"],[0.7777777777777778,"#fb9f3a"],[0.8888888888888888,"#fdca26"],[1.0,"#f0f921"]],"type":"histogram2dcontour"}],"histogram2d":[{"colorbar":{"outlinewidth":0,"ticks":""},"colorscale":[[0.0,"#0d0887"],[0.1111111111111111,"#46039f"],[0.2222222222222222,"#7201a8"],[0.3333333333333333,"#9c179e"],[0.4444444444444444,"#bd3786"],[0.5555555555555556,"#d8576b"],[0.6666666666666666,"#ed7953"],[0.7777777777777778,"#fb9f3a"],[0.8888888888888888,"#fdca26"],[1.0,"#f0f921"]],"type":"histogram2d"}],"histogram":[{"marker":{"pattern":{"fillmode":"overlay","size":10,"solidity":0.2}},"type":"histogram"}],"mesh3d":[{"colorbar":{"outlinewidth":0,"ticks":""},"type":"mesh3d"}],"parcoords":[{"line":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"parcoords"}],"pie":[{"automargin":true,"type":"pie"}],"scatter3d":[{"line":{"colorbar":{"outlinewidth":0,"ticks":""}},"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scatter3d"}],"scattercarpet":[{"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scattercarpet"}],"scattergeo":[{"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scattergeo"}],"scattergl":[{"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scattergl"}],"scattermapbox":[{"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scattermapbox"}],"scattermap":[{"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scattermap"}],"scatterpolargl":[{"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scatterpolargl"}],"scatterpolar":[{"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scatterpolar"}],"scatter":[{"fillpattern":{"fillmode":"overlay","size":10,"solidity":0.2},"type":"scatter"}],"scatterternary":[{"marker":{"colorbar":{"outlinewidth":0,"ticks":""}},"type":"scatterternary"}],"surface":[{"colorbar":{"outlinewidth":0,"ticks":""},"colorscale":[[0.0,"#0d0887"],[0.1111111111111111,"#46039f"],[0.2222222222222222,"#7201a8"],[0.3333333333333333,"#9c179e"],[0.4444444444444444,"#bd3786"],[0.5555555555555556,"#d8576b"],[0.6666666666666666,"#ed7953"],[0.7777777777777778,"#fb9f3a"],[0.8888888888888888,"#fdca26"],[1.0,"#f0f921"]],"type":"surface"}],"table":[{"cells":{"fill":{"color":"#EBF0F8"},"line":{"color":"white"}},"header":{"fill":{"color":"#C8D4E3"},"line":{"color":"white"}},"type":"table"}]},"layout":{"annotationdefaults":{"arrowcolor":"#2a3f5f","arrowhead":0,"arrowwidth":1},"autotypenumbers":"strict","coloraxis":{"colorbar":{"outlinewidth":0,"ticks":""}},"colorscale":{"diverging":[[0,"#8e0152"],[0.1,"#c51b7d"],[0.2,"#de77ae"],[0.3,"#f1b6da"],[0.4,"#fde0ef"],[0.5,"#f7f7f7"],[0.6,"#e6f5d0"],[0.7,"#b8e186"],[0.8,"#7fbc41"],[0.9,"#4d9221"],[1,"#276419"]],"sequential":[[0.0,"#0d0887"],[0.1111111111111111,"#46039f"],[0.2222222222222222,"#7201a8"],[0.3333333333333333,"#9c179e"],[0.4444444444444444,"#bd3786"],[0.5555555555555556,"#d8576b"],[0.6666666666666666,"#ed7953"],[0.7777777777777778,"#fb9f3a"],[0.8888888888888888,"#fdca26"],[1.0,"#f0f921"]],"sequentialminus":[[0.0,"#0d0887"],[0.1111111111111111,"#46039f"],[0.2222222222222222,"#7201a8"],[0.3333333333333333,"#9c179e"],[0.4444444444444444,"#bd3786"],[0.5555555555555556,"#d8576b"],[0.6666666666666666,"#ed7953"],[0.7777777777777778,"#fb9f3a"],[0.8888888888888888,"#fdca26"],[1.0,"#f0f921"]]},"colorway":["#636efa","#EF553B","#00cc96","#ab63fa","#FFA15A","#19d3f3","#FF6692","#B6E880","#FF97FF","#FECB52"],"font":{"color":"#2a3f5f"},"geo":{"bgcolor":"white","lakecolor":"white","landcolor":"#E5ECF6","showlakes":true,"showland":true,"subunitcolor":"white"},"hoverlabel":{"align":"left"},"hovermode":"closest","mapbox":{"style":"light"},"paper_bgcolor":"white","plot_bgcolor":"#E5ECF6","polar":{"angularaxis":{"gridcolor":"white","linecolor":"white","ticks":""},"bgcolor":"#E5ECF6","radialaxis":{"gridcolor":"white","linecolor":"white","ticks":""}},"scene":{"xaxis":{"backgroundcolor":"#E5ECF6","gridcolor":"white","gridwidth":2,"linecolor":"white","showbackground":true,"ticks":"","zerolinecolor":"white"},"yaxis":{"backgroundcolor":"#E5ECF6","gridcolor":"white","gridwidth":2,"linecolor":"white","showbackground":true,"ticks":"","zerolinecolor":"white"},"zaxis":{"backgroundcolor":"#E5ECF6","gridcolor":"white","gridwidth":2,"linecolor":"white","showbackground":true,"ticks":"","zerolinecolor":"white"}},"shapedefaults":{"line":{"color":"#2a3f5f"}},"ternary":{"aaxis":{"gridcolor":"white","linecolor":"white","ticks":""},"baxis":{"gridcolor":"white","linecolor":"white","ticks":""},"bgcolor":"#E5ECF6","caxis":{"gridcolor":"white","linecolor":"white","ticks":""}},"title":{"x":0.05},"xaxis":{"automargin":true,"gridcolor":"white","linecolor":"white","ticks":"","title":{"standoff":15},"zerolinecolor":"white","zerolinewidth":2},"yaxis":{"automargin":true,"gridcolor":"white","linecolor":"white","ticks":"","title":{"standoff":15},"zerolinecolor":"white","zerolinewidth":2},"dragmode":"pan","legend":{"orientation":"h","x":0.5,"xanchor":"center","xref":"container","y":0,"yanchor":"top","yref":"container"},"margin":{"b":40,"l":20,"r":20,"t":40}}},"margin":{"l":20,"r":20,"t":40,"b":40},"legend":{"orientation":"h","y":-0.2,"x":0.5,"xanchor":"center"},"title":{"text":"DAX 3M trend"},"xaxis":{"title":{"text":"Date"}},"yaxis":{"title":{"text":"Index level"}}},"config":{"modeBarButtonsToRemove":["toImage","lasso2d","sendDataToCloud","select2d","resetScale2d","zoom2d","pan2d"],"displaylogo":false,"plotlyServerURL":"https://plot.ly"}}},"id":44354067,"type":"plotly-json"}] ``` You can map these zones directly onto your **DAX futures** chart and use them as reference for intraday entries/exits. 💬 **How are you trading DAX futures right now – intraday scalps around levels, or holding multi‑day swing positions?**