DAX got rejected Friday at the 15,483 resistance but could have another go this week. However, even if DAX is closing above it will not change the bearish trend, merely just put it on pause.
For DAX to resume uptrend a close above 16K is needed.
DAX is in a bearish trend that could take it down to support at around 15,000-14,933.
RSI showing negative sentiment with no divergence is supporting the bearish outlook
Medium-term DAX close Friday below June Low and is now in a bearish trend. However, the weekly RSI is still showing positive sentiment giving a little bit of hope to Investors, despite the Indicator showing divergence. A close below 40 threshold will support the bearish out look with potential down to 14,610-14,500