(06 AUGUST 2019)DAX:Consolidation in place.

(06 AUGUST 2019)DAX:Consolidation in place.

6 August 2019, 09:02
Jiming Huang
0
50

da

Pivot (invalidation): 11735.00

Our preference

Short positions below 11735.00 with targets at 11620.00 & 11570.00 in extension.

Alternative scenario

Above 11735.00 look for further upside with 11870.00 & 11970.00 as targets.

Comment

As Long as 11735.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)


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