(16 AUGUST 2019)DAX:Key resistance at 11560.00.

(16 AUGUST 2019)DAX:Key resistance at 11560.00.

16 August 2019, 09:14
Jiming Huang
0
44

da

Pivot
 (invalidation): 11560.00
Our preference
Short positions below 11560.00 with targets at 11250.00 & 11100.00 in extension.
Alternative scenario
Above 11560.00 look for further upside with 11730.00 & 11840.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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