Correction completed or do we see just a Dead Cat Bounce?

Since the market crashed to its LOW @ 9325 a very fast Rebound started. The upmove reached till the Region of the 38,2 fibo-retracement - the minimum correction Level @ 10.230. At this Level the market turned red again. This conolidation seems to form a bullish shortterm-flag (blue). But the likelihood that the flag will be triggered is not very high, because the flag is oriented against the main trend. Should the flag be triggered, the target would be 10.680-10.800.

So we have some interesting trading-Levels to watch at the Moment:
On the upside are based several resistance zones :
1. The flags upper edge @ 10.270
2. The midterm consolidation downtrend channels bottom edge, which turned into a resist since the market is trading below 10.350
3. The 0,5 fibo (9.341-11.667) @ 10.500
4. The tear-off edge @ 10.650 - STRONG RESIST! Here i exspect a futher selloff to the former low @ 9350

On the downside we see just a view support-zones:
1. The flags bottom edge @ 9.850
2. The former Low @ 9.340

Several moves are thinkable:
Prices above the flags upper edge ( Prices > 10360) can generate a move to 10.500/10.700/10.800
Prices above10.800 will generate a TP @ the consolidation Trends upper edge @ 11.250
Prices below 9. 850 will generate a TP @ 9.340
Prices below 9.340 will generate a further selloff with TP 8.200

former Analysis:
Reboundaction!
The market closed 4 days out of his BB - so the likelihood of a shortterm Rebound has to be exspected.
On the way up are based several resists.
-gap bottom edge @ 9.925
-old trendline @ 10.100
-38,2 fibo-retracement 10.220
-0,5 fibo @ 104.91
-the breakoutlevel from the former low @ 10.650
Should These resists hold, a bearish flag may be formed! This Szenario is thinkable if the market does not rise above 10.490. The target of the flag would be 8300!!!

The (un)exspected 1000 points downwave has become reality
The exspected unexspected wave haxs become reality. Since months, the market led us to beliefe in a bullish correction Phase. The consolidation was first bought at bthe ema200/sma 200 and seemed to be bullish again. Now the Chart has turned deep bearish in the midtermview. Perhaps we see a huge Turnaround market...

1000 Points down?
This morning we see a down gap under his former Low @ 10.814. At this Level the market reached it s desicion Level!
The EMA/SMA 200 are the central supports/resists to watch.
The next weak Support could be the former LOW @ 10.600-10.650.
Below that Level i exspect a fast sellout which can reach till the region round about 9.850 Points! That means that the market reenters its extended flagbody. Because of the cyclic a new downwave to ist bottom edge is thinkable. This Level also is corresponding to the old Breakout Level (neckline) from 15.01.2015
Only sustainable Prices above the EMA/SMA 200 will turn the Chart bullish again At this Point Dax reenters the uptrend and my autumn Rally can be aimed :-)