(20 SEPTEMBER 2018)DAX:Key resistance at 12240.00

Pivot (invalidation): 12240.00

Our preference

Short positions below 12240.00 with targets at 12155.00 & 12120.00 in extension.

Alternative scenario

Above 12240.00 look for further upside with 12300.00 & 12345.00 as targets.

Comment

The index currently faces a challenging resistance area at 12240.00.

(By Swissquote TRADING CENTRAL)