The negotiation has failed

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DAX CMP 23800 I posted last week that the Index has reached its resistance. And why intermarket analysis is important. I am stating it again, we all move up and down together. Hence a buy or sell signal in our mkts should also be visible in others. Gap- the rally could barely reach the gap zone and then failed. Bar Analysis- three narrow bars at resistance is weakness. Its a sell signal. Volume- huge volume at the bottom is telling me the bottom is still not in place. Hence this rally is a sell. MA- the gap zone also has the slowest MA in black, making the zone a strong resistance. Conclusion – I had mentioned that this negotiation will fail and it has. The sell signals are all over the place. This was pretty evident.

Source: Tradingview
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