Value Area Daily

FDXM morning sheet · Friday 23 October 2026

Mini-DAX® future (FDXM Dec 2026) · levels for the Xetra® open 09:00 CEST
prior session 2026-10-22 · data through 09:11 CEST
Data notes:

Bias gate

▼ SHORT BIAS
3/3 checks agree · open actual · how to read
PXC 17:30
25 494
Gap vs PXC
−55
ON close
25 440
ON VWAP
25 470

Gate checks

  • ▼
    Gap vs PXC ≥ 20 pt
    −55 pt
    SHORT
  • ▼
    Inventory: ON close vs ON VWAP
    −30 pt
    SHORT
  • ▼
    Open outside prior value area
    below VAL
    SHORT

Levels (whole points)

VA high
25 568
POC
25 500
VA low
25 452
Prior range
249
ON high
25 526
ON low
25 387
ON range
139
Open 09:00
25 439

Macro today · CEST / ET

CESTETEventCons.
09:3003:30DE Germany flash Manufacturing PMI–
09:3003:30DE Germany flash Services PMI–
10:0004:00EU Eurozone flash Manufacturing PMI–
10:0004:00EU Eurozone flash Services PMI–
16:0010:00US Michigan sentiment–
20:2414:24US Aave DAO governance vote closes: [ARFC] Onboard PAXGy to Aave V4 Global Dollar Hub–

Next 7 days

DayCEST*ETEvent
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 26.1016:2811:28 USAave DAO governance vote closes: [ARFC] Onboard mWIN (Midas / Wellington Management) to Aave Horizon ⏰
Mon 26.1016:3011:30 USTreasury 13-Week Bill Auction 2026-10-26 (912797VU8) ⏰
Mon 26.1016:3011:30 USTreasury 26-Week Bill Auction 2026-10-26 (912797WW3) ⏰
Mon 26.1018:0013:00 USTreasury 2-Year Note Auction 2026-10-26 (91282CRU7) ⏰
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 ⏰
Tue 27.1016:3011:30 USTreasury 6-Week Bill Auction 2026-10-27 (912797VG9) ⏰
Tue 27.1016:3011:30 USTreasury 52-Week Bill Auction 2026-10-27 (912797WT0) ⏰
Tue 27.1018:0013:00 USTreasury 5-Year Note Auction 2026-10-27 (91282CRT0) ⏰
Wed 28.1005:0000:00 USMalaysia PPI: Sep 2026 ⏰
Wed 28.1005:0000:00 USMalaysia External Trade: Sep 2026 ⏰
Wed 28.1013:3008:30 USAdvance Economic Indicators ⏰
Wed 28.1015:3010:30 USEIA Weekly Petroleum Status Report ⏰
Wed 28.1016:3011:30 USTreasury 2-Year FRN Auction 2026-10-28 (91282CRS2) ⏰
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 ⏰
Thu 29.1018:0013:00 USTreasury 7-Year Note Auction 2026-10-29 (91282CRV5) ⏰
Fri 30.1013:3008:30 USEmployment Cost Index ⏰
* 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 25 568 ON High 25 526 POC 25 500 PXC 25 494 ON VWAP 25 470 VAL 25 452 Open 25 439 ON Low 25 387

Initial balance 09:00–10:00 CEST

Pending · forms 09:00–10:00 CEST.

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