The DAX 40 closed at 24,664 (-1.02%) on the day, reflecting a continuation of volatility as market participants digest mixed economic signals. The index traded within a day range of 24,651 to 25,021, indicating a struggle to maintain momentum above the 25,000 mark, which may signal uncertainty among investors.

From a technical perspective, the DAX remains above its 20-day simple moving average (SMA) of 24,191 and its 50-day SMA of 23,811, suggesting a generally bullish trend in the medium term. The relative strength index (RSI) at 58.2 indicates the index is in neutral territory, neither overbought nor oversold, providing room for further movement without immediate signs of exhaustion.

Looking ahead, key levels to watch include the psychological barrier of 25,000, which has proven resilient, while support is likely to be found around the 24,191 SMA. A decisive break above the recent high could signal a shift in sentiment, while a retreat below the 24,650 level may prompt further caution among traders.