(12 OCTOBER 2018)DAX:The downside prevails.

(12 OCTOBER 2018)DAX:The downside prevails.

12 October 2018, 09:39
Jiming Huang
0
61

dax

Pivot (invalidation): 11700.00

Our preference

Short positions below 11700.00 with targets at 11390.00 & 11210.00 in extension.

Alternative scenario

Above 11700.00 look for further upside with 11900.00 & 12000.00 as targets.

Comment

The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL) 

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