(19 MARCH 2019)DAX:Supported by a rising trend line.

(19 MARCH 2019)DAX:Supported by a rising trend line.

19 March 2019, 09:22
Jiming Huang
0
52

dax

Pivot (invalidation): 11625.00

Our preference

Long positions above 11625.00 with targets at 11725.00 & 11790.00 in extension.

Alternative scenario

Below 11625.00 look for further downside with 11570.00 & 11540.00 as targets.

Comment

A support base at 11625.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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