(04 OCTOBER 2018)DAX:Key resistance at 12337.00.

Pivot (invalidation): 12337.00

Our preference

Short positions below 12337.00 with targets at 12240.00 & 12190.00 in extension.

Alternative scenario

Above 12337.00 look for further upside with 12374.00 & 12420.00 as targets.

Comment

The upward potential is likely to be limited by the resistance at 12337.00. MARKET CLOSED

(By Swissquote TRADING CENTRAL)