(04 OCTOBER 2018)DAX:Key resistance at 12337.00.

(04 OCTOBER 2018)DAX:Key resistance at 12337.00.

4 October 2018, 09:42
Jiming Huang
0
54

dax

Pivot (invalidation): 12337.00

Our preference

Short positions below 12337.00 with targets at 12240.00 & 12190.00 in extension.

Alternative scenario

Above 12337.00 look for further upside with 12374.00 & 12420.00 as targets.

Comment

The upward potential is likely to be limited by the resistance at 12337.00. MARKET CLOSED

(By Swissquote TRADING CENTRAL) 

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