DAX 40: Stuck at 25,000 for a Third Straight DayGermany 40TRADENATION:DE40BazemtraderDAX has spent three sessions circling the same handful of points, and this morning's pre-open action is no different — price is sitting almost exactly on the 25,000 line it lost, reclaimed, and got rejected from twice already this week. THREE DAYS, SAME LINE FIRST TEST 25,000 — lost overnight Monday into Tuesday, reclaimed after-hours, rejected again at Tuesday's open, and now pinned right on it a third straight session. MAKE-OR-BREAK 24,840 — held on a closing basis twice already this week (July 8 and July 14). Hasn't even been tested yet today. RECLAIM 25,200 — the July 2 breakout shelf. Still untouched since it broke down; this is the level that kills the bearish case outright. THE OVERNIGHT BACKDROP US forces hit more than 80 Iranian military targets overnight, including over 60 IRGC boats in the Strait of Hormuz, continuing the pattern of strikes that's kept WTI climbing toward $86 for a fourth straight day. None of it has been enough to actually break DAX out of this range — the index keeps absorbing the headlines instead of trending on them. THE TRADE, IF IT COMES Short: 1H close back below 25,000 → entry, stop above 25,200, target 24,840 first then 24,636. No trade: 24,840–25,000. This pocket has faked out two bounces already this week — there's no edge inside it. Bull invalidation: 1H close above 25,200 → the top-out call is dead, third time's the charm, stand aside. NO SHAME IN STANDING ASIDE Three days of chop at the same level isn't a setup, it's a warning that the range hasn't resolved yet. If 25,000 keeps absorbing sellers without cracking, that's information too — just not tradeable information until it actually breaks one way. This is the same structure my daily DAX map (https://www.tradingview.com/chart/DE40/wfKYnm9C-DAX-Back-Above-25-000-After-a-1-060-Point-Dive/) has been tracking since the July 8 crash low. I will update this idea as the levels get tested.