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DAX heading for another lower close?

Since the last update here the steam has just come off the gains in the Nasdaq 100, but it remains elevated all the same. The noted rotation out of Europe and into US AI led tech did send eventually push the DAX below 17,936. Some follow-though there delivered selling down to a session low so far at 17,902. It has rebounded modestly from there since, but does remain at risk of a third day of lower closes, below 17,936. Of course there is still more than one hour until the European close, so it is not guaranteed to end the day lower, but such a prospect is clearly still on the table just now. Perhaps, if the Nasdaq gives back more gains, then it will do that for sure. The DAX is currently trading at 17,918
 

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