There is possible ABC formation on DAX, with possible termination on B around 9610, which is 61.8 fib retracement from the last move down on Daily.
I am not advocating to catch this top, but the lack of daily close well above that zone will indicate that this ABC is in play.
If so, this will be followed by a good move down in some relation to the first move down.
This possible scenario would make Dax bearish for a while, with a possible targets even below 8000, just below it,
if so from there the Christmas rally shall start.
BUT, atm S&P and DOW is very bullish.
My strategy is to go long if daily close is well above 9610 and go short after the confirmation that that ABC formation in in play.
Attached H4 and Daily with a possible Delta count on DAX.