Well looking at the movement we could see movement for strong bearish however I do believe we are in a bullish market.
I believe that the DAX will consolidate for a few hours to reduce the momentum that it has currently built up too soon rise again to reach the 17000.0 area.
This is the three options of our upcoming trades, I believe that we could be looking at short term bearish before we go full power bullish until September however, we need to always keep in mind that a major event can change our technical analysis. I'm look to go Long up until 17000 however 16000 should be your area of take profit but it could rise as high as...
I believe the dax will be going up however we shall see a re-test and then shoot straight up.
If Red trend support line is broken should be looking at a Bearish movement however currently on the 4H it's looking bullish short term may possibly be a double top, then short.