The FDAX weekly chart shows a clear divergence between short/intermediate-term and long-term trends. Price action is currently subdued with slow momentum and medium-sized bars, reflecting a period of consolidation or mild retracement after a strong rally. Both the Weekly and Monthly Session Fib Grids (WSFG, MSFG) indicate price is below their respective NTZ/F0% levels, confirming a short- and intermediate-term downtrend. This is reinforced by the swing pivot summary, which shows both the short-term pivot trend and intermediate-term HiLo trend as down, with the most recent pivot low at 23,419 and resistance at 24,891. Recent trade signals are all to the short side, aligning with the prevailing short- and intermediate-term bearish structure. However, the long-term YSFG remains strongly bullish, with price well above the yearly NTZ and all major long-term moving averages (20, 55, 100, 200 week) trending up. This suggests the current pullback is occurring within a broader uptrend, and the market is testing support levels after a significant advance. Key support is at 23,419, with deeper levels at 19,274 and below, while resistance is clustered near recent highs. Overall, the market is in a corrective phase within a long-term uptrend, with swing traders likely monitoring for signs of stabilization or reversal at key support, or further downside if support fails. The environment is characterized by a tactical short bias in the near term, but with an eye on the underlying bullish structure for potential trend resumption.