Although the market maintains an upward momentum prevalence, the DAX 40 chart shows signs of a possible end to this trend.
The current dynamics of the movement indicate the formation of a triple three. At the moment, the wave [xx] has been formed. After its formation the development of a downward wave [z] is expected.
Lower-degree waves indicate the formation of a downward ABC zigzag. The wave (c) must have already been completed, so the formation of a new wave structure can be expected.
Thus, an upward movement continues to form on the DAX 40 chart, but this impulse is at the final stage of formation so the price may resume a downward movement.
In this case, the emphasis is on short positions that can be considered at current levels.
DAX 40 H1: Wave Analysis for the European Session on 28.5.2025
