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DAX made a Doji Candle Stick Pattern

Dax was down on Monday after testing the high level of 20540 in the last trading session as The German DAX was 0.4% lower to hover at the 20,330 mark on Monday, extending the trim from the record-high reached on Thursday with pressure from auto giants as markets assessed the latest economic data and awaited Chancellor Scholz's confidence vote. The German Chancellor plans on losing his confidence vote after dismantling the current governing coalition, setting the backdrop for elections by February. In turn, PMI data showed that domestic economic activity did not contract as much as feared, limiting worries of a sharper underperformance of the German economy next year.