MY THOUGHTS ON GER40 CASH INDEX

From the chart i see a brief accumulation which tended towards the upside to liquidate those in short positions (stop hunt) as a form of manipulation.

If it doesn't break through that supply zone there will be a retest to fill-up the FVG below (on the 1H TF) and probably takeout those in long positions before breaking through the supply to give us a new ATH.

If it does break through the demand below we'll most likely see a dump towards the long awaited FVG around 20k region (from the Monthly TF).

So, lets see how this plays out.