(24 OCTOBER 2018)DAX:The downside prevails.

Pivot (invalidation): 11350.00

Our preference

Short positions below 11350.00 with targets at 11200.00 & 11070.00 in extension.

Alternative scenario

Above 11350.00 look for further upside with 11520.00 & 11600.00 as targets.

Comment

As Long as the resistance at 11350.00 is not surpassed, the risk of the break below 11200.00

remains high. 

(By Swissquote TRADING CENTRAL)