Dax30 should end upward movement B and change into an downward counter movement C.
A bearish target would be 11,500 points and maybe 11,000 points. Thats 700 - 1,200 points from the current level. Looking at 12,420 level for entry Short.
However, the 12,770 should not be touched.
Have a good trading day.
Greetings from Hannover
Stefan Bode