The Dax is currently down 0.3% on the day, however, support seems established along the ascending trendline.

From a technical perspective, the Dax is trading at around 14,480. On the 4-hourly timeframe, support seems to be established alongside the ascending green trendline. Support sits at 14,443 then at 14,428 then at 14,416. A break below these support levels may see the index slide towards the major support at 14,385. Towards the upside, resistance sits at 14,489 then at 14,515 then at 14,541. A break above these resistance levels could see the index climb towards the key resistance point at 14,606 (highlighted by the red oval). Looking at the technical indicators, MACD is neutral and so is RSI as it reads 46. Although, RSI is faltering.