(12 AUGUST 2019)DAX: Intraday support around 11650.00.

Pivot
 (invalidation): 11650.00
Our preference
Long positions above 11650.00 with targets at 11870.00 & 11990.00 in extension.
Alternative scenario
Below 11650.00 look for further downside with 11570.00 & 11500.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)