DAX could be on the brink of collapse. 1D Death Cross inevitableGermany 40CAPITALCOM:DE40TradingShotDAX (DE40) may be on the brink of collapse here as following Monday's rebound just above the 1W MA100 (black trend-line), a Support that has been intact since October 30 2023, it is reversing again today, forming a very aggressive 1-month Channel Down. With the German economy being more affected by the energy crisis of the Iran - U.S. war than the other indices, this situation can easily get worse, given also that technically the index failed to reclaim and got rejected on its 1W MA50 (red trend-line) in the past 2 weeks. Above all, we are about to see the first 1D Death Cross since October 09 2023, which was the formation that basically confirmed the Bearish Cycle in February 2022. As a result, failure to break above this pattern, has high probabilities to send DAX to a Channel Down Lower Low. So far this violent March drop resembles that of a year ago (Tariff war) that completed a -19.85% decline. We expect DAX to repeat that and hit 20500 soon, which will be close to the next Support, the 1W MA150 (yellow trend-line). --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇