The German DAX index still needs to be rebounded

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DAX40

Daily S3 15650
Daily S2 15560
Daily S1 15410
Daily PP 15320
Daily R1 15160
Daily R2 15070
Daily R3 14920

Here we have a similar situation as in the Nasdaq, I also expect a deepening of the decline and a rebound from the support zone. In the DAX40 it coincides with the designated OverBalance which we determined based on the last relegation range. In the place marked in the picture, I am going to wait for the signal and include long positions. I also expect a rebound from the level and a return for hedging orders to “clear” less experienced investors.