(06 January 2020)DAX Intraday support around 13120.00.

(06 January 2020)DAX Intraday support around 13120.00.

6 January 2020, 09:11
Jiming Huang
0
65

da
Pivot
 (invalidation): 13120.00
Our preference
Long positions above 13120.00 with targets at 13282.00 & 13334.00 in extension.
Alternative scenario
Below 13120.00 look for further downside with 13042.00 & 12960.00 as targets.
Comment
A support base at 13120.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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