DAX - Bears are being reinforced

Resistance - 9921, 9990, 10,112

Support - 9770, 9675, 9484

• Prices are struggling to re-enter rising channel or rising trend line area, thus signalling bears may be getting reinforcements.
  

• Drop to 9770 levels looks possible as that would mark completion of gap filling exercise (gap up opening on April 13th).
  

• Short-bearish invalidation is seen only if prices see a daily close above larger falling trendline hurdle seen today at 9990.