Morning debriefing:
The subject of this morning is very long liquidation.
Since the bulls are holding dax within prior day's value out of their open, however, it was rejected in the VPOC of last Thursday, which contrasts with the VAH of last weekly TPO. This implies exit-running from the greater time period participant.
DAX has traded back to last week's value area and found support at Wed's nude POC, which implies it is only a old currency liquidation commerce, not out fear for the greater time period trader as the fund mangers were long from last Wed are still making money.