DAX: where ya off to?

This is probably one index that I rarely pay attention to, especially over the last few years where US equities has been where the real meat is...

But recently, things are changing - and not at the benefit of the index.

I want to make this quick and concise so that we don't get bogged down in a tonne of tangential ideas that don't really matter, and stick to the core reasoning for believing the index is weak and looking at a sharp downside move.