(16 October 2020)DAX Rebound expected.

(16 October 2020)DAX Rebound expected.

16 October 2020, 09:22
Jiming Huang
0
76

da
Pivot
 (invalidation): 12600.00
Our preference
Long positions above 12600.00 with targets at 12840.00 & 12960.00 in extension.
Alternative scenario
Below 12600.00 look for further downside with 12470.00 & 12340.00 as targets.
Comment
A support base at 12600.00 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


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