Stock market is coming down in the last 24 hours with DAX turning down from a new high and eyeing 11147 level, where overlap will make the latest rally to a new high in three waves, which means that bigger corrective structure is likely in the cards. Flat is one option, which means that support can then be found at 11k then 10820, if pullback is going to be deeper.
German DAX, 1h
E-mini S&P500 can be in similar situation; now headed south for a wave C) with first support seen at 2605 and second deeper one at 2560-2580 zone.
S&P500, 1h
