Dax remains weaker

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Dax remains weakerGermany 40 CashGOMARKETS:DAX40hilsdentradingThe DAX remains the weaker of the European indices. Higher energy prices continue to weigh on sentiment towards German industry, while the weakness in global technology stocks is adding another headwind. Structurally the longer-term trend remains positive, but short-term momentum has clearly faded. What I'm Watching Whether overnight losses are recovered. Any failure rally into resistance. Whether buyers can defend the recent higher-low structure. Trading Plan My preferred trade remains selling failed rallies until buyers prove they have regained control. If the DAX can reclaim yesterday's highs then I'd reassess the bearish intraday bias, but until then I think rallies are likely to attract sellers.