Value Area Daily

FDXM morning sheet · Tuesday 20 October 2026

Mini-DAX® future (FDXM Dec 2026) · levels for the Xetra® open 09:00 CEST
prior session 2026-10-19 · data through 09:01 CEST
Data notes:

Bias gate

↔ ROTATION · wait for open type
1/3 checks directional · open actual · how to read
PXC 17:30
25 420
Gap vs PXC
−53
ON close
25 368
ON VWAP
25 368

Gate checks

  • ▼
    Gap vs PXC ≥ 20 pt
    −53 pt
    SHORT
  • –
    Inventory: ON close vs ON VWAP
    ±0 pt
    NEUTRAL
  • –
    Open outside prior value area
    inside VA
    NEUTRAL

Levels (whole points)

VA high
25 492
POC
25 478
VA low
25 358
Prior range
363
ON high
25 445
ON low
25 276
ON range
169
Open 09:00
25 367

Macro today · CEST / ET

CESTETEventCons.
08:0002:00DE Germany PPI–
11:0505:05DE Germany ZEW Economic Sentiment–
11:0505:05DE Germany ZEW Current Conditions–
11:0505:05EU Eurozone ZEW Economic Sentiment–
14:3008:30US Housing starts–

Next 7 days

DayCEST*ETEvent
Thu 22.1014:3008:30 USJobless claims
Fri 23.1009:3003:30 DEGermany flash Manufacturing PMI
Fri 23.1009:3003:30 DEGermany flash Services PMI
Fri 23.1010:0004:00 EUEurozone flash Manufacturing PMI
Fri 23.1010:0004:00 EUEurozone flash Services PMI
Fri 23.1016:0010:00 USMichigan sentiment
Mon 26.1010:3005:30 DEGermany Ifo Business Climate
Tue 27.1015:0010:00 USConsumer Confidence ⏰
Tue 27.1015:0010:00 USNew Home Sales ⏰
* Frankfurt local time (CET/CEST). ET = US Eastern. ⏰ = US release shifted by the US/EU daylight-saving mismatch.
⏰ DST mismatch: Sun 25 Oct – Sat 31 Oct: Europe is on winter time but the US is not yet. US releases come 1 hour EARLIER than usual: 08:30 ET data = 13:30 CET (normally 14:30 CET); 14:00 ET FOMC = 19:00 CET (normally 20:00 CET).

Level map

VAH 25 492 POC 25 478 ON High 25 445 PXC 25 420 ON VWAP 25 368 Open 25 367 VAL 25 358 ON Low 25 276

Initial balance 09:00–10:00 CEST

Pending · forms 09:00–10:00 CEST.

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