DAX Approaching Resistance, Potential Reversal

DAX is approaching our first resistance at 10990.66 (horizontal overlap resistance, 23.6% fibonacci retracement , 61.8% fibonacci extension), where a strong reversal might occur below this level pushing price down to our major support 10280.71(horizontal swing low support, 61.8% fibonacci extension , 78.6% fibonacci retracment)

Stochastic (34,5,3) is also approaching resistance where we might see a corresponding reversal in price.