(14 SEPTEMBER 2018)DAX:The bias remains bullish.

Pivot (invalidation): 11950.00

Our preference

Long positions above 11950.00 with targets at 12130.00 & 12210.00 in extension.

Alternative scenario

Below 11950.00 look for further downside with 11880.00 & 11800.00 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)