(10 OCTOBER 2018)DAX:Technical rebound in a bearish trend.
10 October 2018, 09:34
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Pivot (invalidation): 11875.00
Our preference
Long positions above 11875.00 with targets at 12050.00 & 12100.00 in extension.
Alternative scenario
Below 11875.00 look for further downside with 11800.00 & 11730.00 as targets.
Comment
The break above 11875.00 is a positive signal that has opened a path to 12050.00
(By Swissquote TRADING CENTRAL)
