The previous blue candle indicates the decline of the DAX last week. A decline of about 5%.  Looking at the chart I see this decline fits within the counting of a five wave impulse upwards that started in October this year. If this counting is valuable, wave IV has been set now. This would mean that another last wave counted as V should have started this Monday morning. I see that, on a week closing basis, the DAX found support on the green line going over the tops set in June and September this year. I think this support is of bigger importance. When this support fails coming weeks and the level of the top of wave I (9460) is touched, a longer term top has been set already. But if the wave V of 5 has yet to come, the end year rally may continue as from today up to 10300-10500 range.