Observing the lag in DAX’s reaction to EU auto tariff risks

TL;DR

Bearish bias below 1.07910

DAX underperforms (-0.70%) amid EU auto tariff concerns

S&P 500 stagnation limiting EUR volatility

Key Levels

Resistance: 1.07810-1.07910 (critical for intraday bias)

Invalidation: Above 1.08110

Technical Setup

DAX shows decoupling potential from S&P 500

Watch for:
• DAX recovery → EUR upside risk
• S&P 500 breakdown → Accelerated EUR selling

Risks

Delayed EU tariff response may trigger DAX volatility

For full correlation analysis and entry triggers, Google "Evgenii’s Substack"