DAX German Index (18 July 17) *Bears are winning

I can't help but see the bearish potential of the index.
It may be a sell down but it is possible a deep pull back, or sort at least.

We can use 12,400 as resistant while 11,700 as resistant as good support(aka take profit) level.

I am standing with BEAR for now.

Trade Safe,

S0nic

P.S. Please follow, like, give comment to my analysis.