GER40 (DAX40) Technical Forecast

📊🇩🇪 GER40 (DAX40) Technical Forecast – Intraday & Swing Outlook

• Asset Class: GER40 CFD (DAX40)
  
• Current Close: 23,675.1 (20th Sept 2025, 12:50 AM UTC+4)
  

🔎 Technical Setup

• 🕯 Candlesticks: Strong rejection tails at resistance, suggesting supply pressure.
  
• 🌊 Elliott Waves: Market in corrective wave phase after strong rally.
  
• 📐 Harmonics: Possible Bearish Gartley forming near 23,950 zone.
  
• 📊 Wyckoff: Distribution signs emerging after extended markup.
  
• 📏 Gann Angles: 23,800 key pivot (time & price convergence).
  
• ☁️ Ichimoku: Price testing Kijun resistance; cloud support below 23,400.
  

📈 Indicators

• 💪 RSI (H1): 65 – nearing overbought zone.
  
• 📉 RSI (Daily): Neutral → potential downside risk.
  
• 🎯 Bollinger Bands: Pinching – volatility expansion expected.
  
• ⚖️ VWAP (Weekly): 23,520 – magnet level.
  
• 📊 MA Cross: Short-term EMA threatening bearish crossover.
  

⏱ Intraday Outlook

🕒 Key Levels:

• 🟢 Buy Zone: 23,420 – 23,480 (bounce setup).
  
• 🔴 Sell Zone: 23,800 – 23,950 (rejection expected).
  

🎯 Targets:

• Upside: 23,720 → 23,840 → 23,950
  
• Downside: 23,520 → 23,400 → 23,250
  

⚡ Bias: Range-bound with bearish tilt near highs.

📆 Swing Trading Outlook

• 🟢 Swing Buy Entry: 23,200 – 23,300 (strong demand zone).
  
• 🎯 Upside Swing Targets: 23,850 → 24,100 → 24,350
  
• 🔴 Swing Sell Entry: 23,900 – 24,050 (supply area).
  
• 🎯 Downside Swing Targets: 23,400 → 23,050 → 22,750
  
• 📉 Bias: Bearish divergence forming – possible correction if 23,900 rejects.
  

🌐 Market Context

• ⚠️ Eurozone slowdown + ECB policy risks may cap upside.
  
• 📊 US indices correlation → keep an eye on US500/NAS100.
  
• 🛢 Energy price spikes = potential drag on DAX industries.
  

📝 Trading Plan

• ✔️ Intraday traders: Sell rallies into 23,800–23,950 🔻
  
• ✔️ Swing traders: Accumulate near 23,200–23,300 🟢
  
• ✔️ Manage risk: Always place tight stops below support or above resistance.
  

🔥 Conclusion:

DAX40 (GER40) faces stiff resistance at 23,900. Intraday range traders can fade extremes, while swing traders prepare for a correction towards 23,200 support before the next big move.

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Shunya.Trade
Website: shunya dot trade