DAX Faces Key Inflection Point Amid Ongoing Consolidation
Mar 2, 2026

German DAX

DAX is coming down, now testing support around 24700, which is an important level for bulls for this week, if they want to resume higher. We should also respect the red trend line support from the ending diagonal, as well as channel support around 24500–24600 on the 4 hour chart. So it is possible that we see a rally from here this week. Gap is also important, notice that its open since start of the week, and this one rarely stays unfilled, so at least some short-term bounce is possible.

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