Best Selling Zones for the German DAX on the Daily Timeframe

The German DAX has managed to decline and achieve the weekly analysis targets as we predicted. The German index has also established strong selling zones on the daily timeframe, which are considered the best selling points at present.

Based on recent behavior, we expect to see further declines in the coming period for the German index. Therefore, it is advisable to focus on selling at this time.

Expected Targets

If the index tests the new selling zones located at the 23475 level, we expect to see it drop to the targets set at 23200 and 22800, respectively.

However, if the index breaks above these selling zones and closes above them with a daily candle, the technical analysis and the bearish prediction will be invalidated.