#202539 - priceactiontds - weekly update - fdaxMicro-DAX FuturesEUREX:FDXS1!priceactiontds Good evening and I hope you are well. comment: Neutral. Got a minor pullback last week so outlook was fine but I can not hold on to bearish thoughts, given the tails below the prior 2 weekly bars. Easy invalidation here for both sides. Bulls need something above 24060 for more upside and bears a strong move below 23400 for more downside. As of now, sideways is the most likely outcome because this market has not moved at all for 3 straight weeks. current market cycle: trading range key levels for next week: 23000 - 24750 bull case: Above 24060 they continue to have the trading range case. That has not changed and given the bullish close on Friday, I do think bulls are very slightly favored for 24k or more, than bears for testing down to 23500 or lower. Invalidation is below 23700 bear case: Bears need to keep this a lower high and continue sideways to down. If they fail at 23900, we will quickly test 24000/24060 and if they also fail there, many bears will give up because we could go back all the way to the bear trend line around 24200 or more. What do bears have going for them? Not much besides that we have not moved much in the past 3 weeks. Invalidation is above 24060 short term: Neutral but very slightly favoring the bulls for a test 24200 or more. medium-long term from 2025-08-24: 23000 is my target for the next weeks. Need a catalyst.