DAX Pulls Back Into Support — Will Buyers Step In Again?GERMAN STOCK INDEX (DAX)TVC:DEU40Yong726Market Structure DAX remains within a broader bullish structure despite the latest pullback. The recent decline appears to be a corrective move after failing to sustain a breakout above the recent highs. Price is now approaching an important support zone where buyers may attempt to regain control. Unless this support breaks decisively, the primary uptrend remains technically intact. Market Sentiment - Moderately Bullish Although short-term momentum has weakened following the recent rejection, the broader market structure continues to favor buyers. Market sentiment remains cautiously optimistic while price holds above major support. Bullish Scenario If buyers successfully defend the current support area and reclaim 26,150, bullish momentum could gradually return. A move above 26,350 would confirm renewed buying interest and expose the recent swing high near 26,600. Bearish Scenario If sellers continue pushing below 25,900, the correction may extend toward the next demand zone around 25,700. A decisive break beneath that level would weaken the broader bullish structure and increase the probability of a deeper retracement. ──────────────────── Market Outlook The recent decline looks more like profit-taking than a confirmed trend reversal. Buyers are now testing a key demand area, and the next directional move will likely depend on whether this support can generate another higher low. A recovery above nearby resistance would reinforce the broader bullish trend. ──────────────────── Key Levels First Resistance 26,150 Second Resistance 26,350 First Support 25,900 Second Support 25,700 ──────────────────── Future Scenarios A sustained move above 26,150 would indicate that buyers are regaining control and could drive price back toward 26,350 and potentially 26,600. However, if price fails to hold above 25,900, selling pressure could accelerate toward 25,700, increasing the risk of a deeper corrective phase before the broader uptrend resumes. ──────────────────── Event Risk DAX continues to react to both European and global macroeconomic developments. Traders remain focused on European Central Bank policy expectations, Germany's economic outlook, Eurozone inflation data, corporate earnings, and movements in U.S. equity markets. Broader risk sentiment and bond yields are also likely to influence short-term price action. The next confirmed major macro event is the Federal Reserve meeting on September 15–16, 2026. Any change in interest-rate expectations could affect global equity markets, including European indices, through shifts in risk appetite and capital flows. Ultimately, price reaction is more important than the headlines. If positive news cannot lift DAX back above 26,150–26,350, sellers may retain near-term control. Conversely, if negative news fails to break 25,900–25,700, buyers may be preparing for another recovery. ──────────────────── Please share your view below: Do you expect DAX to rebound from the current support area, or is this correction likely to extend before buyers return? More market structure and key level updates will be shared regularly.