(08 MARCH 2019)DAX:Key resistance at 11609.00.

(08 MARCH 2019)DAX:Key resistance at 11609.00.

8 March 2019, 09:25
Jiming Huang
0
54

da


Pivot (invalidation): 11609.00

Our preference

Short positions below 11609.00 with targets at 11452.00 & 11416.00 in extension.

Alternative scenario

Above 11609.00 look for further upside with 11679.00 & 11729.00 as targets.

Comment

As Long as the resistance at 11609.00 is not surpassed, the risk of the break below 11452.00

remains high. 

(By Swissquote TRADING CENTRAL)


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