Value Area Daily

FDXM morning sheet · Thursday 22 October 2026

Mini-DAX® future (FDXM Dec 2026) · levels for the Xetra® open 09:00 CEST
prior session 2026-10-21 · data through 09:04 CEST
Data notes:

Bias gate

▼ SHORT BIAS
3/3 checks agree · open actual · how to read
PXC 17:30
25 774
Gap vs PXC
−263
ON close
25 512
ON VWAP
25 671

Gate checks

  • ▼
    Gap vs PXC ≥ 20 pt
    −263 pt
    SHORT
  • ▼
    Inventory: ON close vs ON VWAP
    −159 pt
    SHORT
  • ▼
    Open outside prior value area
    below VAL
    SHORT

Levels (whole points)

VA high
25 833
POC
25 751
VA low
25 545
Prior range
464
ON high
25 803
ON low
25 501
ON range
302
Open 09:00
25 511

Macro today · CEST / ET

CESTETEventCons.
14:3008:30US Jobless claims–
16:3010:30US EIA Weekly Natural Gas Storage Report–
17:3011:30US Treasury 4-Week Bill Auction 2026-10-22 (912797VY0)–
17:3011:30US Treasury 8-Week Bill Auction 2026-10-22 (912797WG8)–
19:0013:00US Treasury 10-Day CMB Auction 2026-10-22 (912797UM7)–
19:0013:00US Treasury 5-Year TIPS Auction 2026-10-22 (91282CRR4)–
22:0016:00US Arbitrum DAO governance vote closes: Transfer 1,700 ETH from the Treasury to the Arbitrum Developer Guild & ATMC’s ETH Treasury Strategies–
22:0016:00US Arbitrum DAO governance vote closes: [Constitutional] AIP: Establish an L1 Voting Recovery System–
22:0016:00US Arbitrum DAO governance vote closes: [CONSTITUTIONAL] AIP: Update Arbitrum One and Nova L1-Pricing Parameters for Ethereum Glamsterdam–
22:0516:05US Arbitrum DAO governance vote closes: Adopting USDG as a Core Strategic Initiative for the ArbitrumDAO–

Next 7 days

DayCEST*ETEvent
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
Fri 23.1020:2414:24 USAave DAO governance vote closes: [ARFC] Onboard PAXGy to Aave V4 Global Dollar Hub
Sat 24.1010:5904:59 USAave DAO governance vote closes: [ARFC] SVR Expansion: Next Phase of Multi-Network
Mon 26.1010:3005:30 DEGermany Ifo Business Climate
Mon 26.1018:4213:42 USEthereum Glamsterdam Hoodi testnet upgrade ⏰
Mon 26.1022:0017:00 USENS DAO governance vote closes: [7.2] [Social] Funding Request: ENS Meta-Governance Working Group Term 7 (Oct. Window) ⏰
Tue 27.1013:3008:30 USDurable Goods Orders ⏰
Tue 27.1015:0010:00 USConsumer Confidence ⏰
Tue 27.1015:0010:00 USNew Home Sales ⏰
Wed 28.1013:3008:30 USAdvance Economic Indicators ⏰
Wed 28.1015:3010:30 USEIA Weekly Petroleum Status Report ⏰
Wed 28.1019:0014:00 USFOMC decision ⏰
Thu 29.1013:3008:30 USUS GDP ⏰
Thu 29.1013:3008:30 USJobless claims ⏰
Thu 29.1013:3008:30 USPCE inflation ⏰
Thu 29.1013:4508:45 EUECB decision
Thu 29.1014:0009:00 DEGermany CPI Flash
Thu 29.1015:3010:30 USEIA Weekly Natural Gas Storage Report ⏰
* 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 25 833 ON High 25 803 PXC 25 774 POC 25 751 ON VWAP 25 671 VAL 25 545 Open 25 511 ON Low 25 501

Initial balance 09:00–10:00 CEST

Pending · forms 09:00–10:00 CEST.

Morning email

The sheet in your inbox before the Xetra® open, every trading day. Free. No spam, unsubscribe any time.
Sign-up opens soon. Until then, follow the RSS feed.