(13 MAY 2019)DAX:Bullish bias above 12030.00.

(13 MAY 2019)DAX:Bullish bias above 12030.00.

13 May 2019, 09:22
Jiming Huang
0
54

AD

Pivot (invalidation): 12030.00

Our preference

Long positions above 12030.00 with targets at 12178.00 & 12230.00 in extension.

Alternative scenario

Below 12030.00 look for further downside with 11955.00 & 11880.00 as targets.

Comment

A support base at 12030.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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