DAX may be at a crossroads in the hourly chart. The price is currently is below the uptrend that started in late December and testing it back. 200-hour MA is providing support for this test while 50-hour MA and a shorter-term downtrend that started at the end of the last week is pressuring the DAX to the downside. 13.950 level and 200-hour MA can be the keys for the direction of future moves. Above 13.950 daily close may cause the last top, 14.122 to be targeted again while below 13.844 daily close can cause a sell-off to the %50 level of the uptrend, 13.577.
