(05 November 2020)DAX Look for 12550.00.

(05 November 2020)DAX Look for 12550.00.

5 November 2020, 09:14
Jiming Huang
0
60

da
Pivot
 (invalidation): 12130.00
Our preference
Long positions above 12130.00 with targets at 12408.00 & 12550.00 in extension.
Alternative scenario
Below 12130.00 look for further downside with 11990.00 & 11850.00 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


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