(22 OCTOBER 2018)DAX:Under pressure.

(22 OCTOBER 2018)DAX:Under pressure.

22 October 2018, 09:27
Jiming Huang
0
16

dax

Pivot (invalidation): 11620.00

Our preference

Short positions below 11620.00 with targets at 11500.00 & 11460.00 in extension.

Alternative scenario

Above 11620.00 look for further upside with 11680.00 & 11730.00 as targets.

Comment

As Long as the resistance at 11620.00 is not surpassed, the risk of the break below 11500.00

remains high. 

(By Swissquote TRADING CENTRAL) 

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