(28 NOVEMBER 2018)DAX:Bullish bias above 11244.00.

Pivot (invalidation): 11244.00

Our preference

Long positions above 11244.00 with targets at 11400.00 & 11496.00 in extension.

Alternative scenario

Below 11244.00 look for further downside with 11190.00 & 11120.00 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)