(30 OCTOBER 2018)DAX:Continuation of the rebound.

Pivot (invalidation): 11200.00

Our preference

Long positions above 11200.00 with targets at 11440.00 & 11525.00 in extension.

Alternative scenario

Below 11200.00 look for further downside with 11050.00 & 10940.00 as targets.

Comment

The break above 11200.00 is a positive signal that has opened a path to 11440.00.

(By Swissquote TRADING CENTRAL)