GER40: Bearish Rejection Play Confirmed – Eyeing 22023

Market Structure & Trend Confirmation

Alright, traders, let's dissect the GER40. The market is clearly signaling bearish intent, and "the trend is your friend" remains my guiding principle here. The current price sits at 22329.25, reflecting a -0.32% drop over the last 24 hours. This isn't just noise; it’s a sustained move confirming the underlying bearish trend we've been tracking. We saw the Day Range holding within 22223.13 and 22435.37, but the overall momentum indicates strong selling pressure. I'm seeing continued rejection at key resistance levels, suggesting that any bounces are likely to be corrective within the larger downtrend. This aligns with broader macroeconomic