DAX has a brief look back above 20k- can it rebound further?

Earlier today the opening for the DAX saw the index crumble after resuming live trade at 18,751. The index had closed on Friday at 20,641. The low point seen in live trading was at 18,489. Well, since then the index has rebounded back above 20k. The high point seen was set at 20,103, but it has fallen back from that rebound high now, as the US opening looms. The DAX is now dropping back to around 19,800. These swings are pretty much almost unprecedented when you note the rebound from the low to the high was more than 1500 points in a morning session. The question now as to whether there is more downside to come is very much on many lips at the moment. Some are surely asking, if the low has now been set at 18,489. Well, first of all that low has defined the index is now in a Bear market and as such the impact of the US tariffs are most poignant on the German economy than anywhere else across Europe. There are two significant reasons to suggest the low is yet in place. The DAX will very shortly look to the reaction on the US opening, to see if there is a possibility of a further recovery, or not. The DAX is right now trading at 19,820