(03 OCTOBER 2018)DAX:Key resistance at 12312.00.

(03 OCTOBER 2018)DAX:Key resistance at 12312.00.

3 October 2018, 10:11
Jiming Huang
0
70

dax

Pivot (invalidation): 12312.00

Our preference

Short positions below 12312.00 with targets at 12190.00 & 12152.00 in extension.

Alternative scenario

Above 12312.00 look for further upside with 12340.00 & 12374.00 as targets.

Comment

As Long as the resistance at 12312.00 is not surpassed, the risk of the break below 12190.00

remains high.

(By Swissquote TRADING CENTRAL) 

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