DAX- Daily Update (Thurs, 8th Oct 2026)
Bias: Bearish
Technical Outlook: Bearish Descending channel.
Intraday-Analysis: Dax has been on the bearish move for months now, and we're beginning to see some exhaustion by the bears on LTF.
With a creation of double bottom at 24806 price level, this will show the bears are no longer able to create lower lows and such the bulls will be stepping in aggressively soon.
I'm positioned for opportunity to go long.
Entry: 24913
SL: 24639
TP: 25819