DAX 30 eyes 24891 resistance as 4H/1D trend stays up
DAX 30 trades near 24880 with the 4H and daily trend pointed higher; dips into the 24729–24803 zone stay buys while EMA50 at 24686 holds.
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Key takeaways
- 4H and daily trends up; full EMA stack in bullish order across all periods.
- DAX tests 24891 after a 1.70% weekly gain; pullbacks remain shallow.
- EMA50 at 24686 is hard invalidation; a close below shelves the bull case.
DAX 30 is pressing the 24891 supply zone with the broader trend still squarely in the bulls' corner and a week-long momentum run showing no credible signs of exhaustion.
The index is fractionally higher on the session, adding around 0.09% on the day with a tight intraday range between 24803 and 24899.45. No fresh macro catalyst has driven the move; this is the tape digesting last week's 1.70% advance and testing the sellers parked at 24891.9.
The structure is clean for a trend-following desk. Price sits above EMA20 at 24729.40, EMA50 at 24686.09 and EMA200 at 24614.16, with the full stack in order and higher timeframes aligned up. The 1H reads neutral, introducing some intraday chop, but that creates better entry conditions rather than signalling a reversal. RSI sits in neutral territory without being stretched, and volatility is normal, both consistent with a trend that has room to extend. Prior resistance levels stretching back through 24516 and 24653 have been cleared in succession, and 24891.9 is the next test standing between price and the 25017 target.
We lean long and buy dips into the 24729–24803 entry zone where EMA20 and the day's low converge. Targets sit at 25017 and 25087. A daily close below EMA50 at 24686 invalidates the setup and shelves the bullish view.
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