The German index gapped lower to kick off the trading session here on Monday but found buyers after filling a gap from last week. In post-market trading, we are starting to see a bit of buying pressure as well. So, I do think that we continue to be attracted to the 50-day EMA currently at the 23,832 euro level. If we can break that level, then it opens up a potential move to the 24,500 euro level, which has been a bit of a brick wall. The big question on a breakout will be, can we get above Tuesday, September 2nd candlestick? Because if we can, then technically speaking at least, it looks like we should go higher. Short-term pullbacks, we’ll continue to find buying pressure, I would anticipate, all the way down to at least the 23,000 euro level, if not the 200,000. day EMA, is 22,670 euro.
Dax Forecast: DAX Continues to See Buyers on Dips – 23 September 2025
