(17 OCTOBER 2018)DAX:The upside prevails.

(17 OCTOBER 2018)DAX:The upside prevails.

17 October 2018, 09:37
Jiming Huang
0
12

dax

Pivot (invalidation): 11620.00

Our preference

Long positions above 11620.00 with targets at 11880.00 & 12000.00 in extension.

Alternative scenario

Below 11620.00 look for further downside with 11530.00 & 11465.00 as targets.

Comment

The break above 11620.00 is a positive signal that has opened a path to 11880.00.

(By Swissquote TRADING CENTRAL) 

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