(27 October 2020)DAX The downside prevails.

(27 October 2020)DAX The downside prevails.

27 October 2020, 09:22
Jiming Huang
0
66

DAX da
The downside prevails.
Pivot
 (invalidation): 12400.00
Our preference
Short positions below 12400.00 with targets at 12090.00 & 11900.00 in extension.
Alternative scenario
Above 12400.00 look for further upside with 12530.00 & 12650.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)


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