(12 DECEMBER 2018)DAX:Key resistance at 10940.00.

Pivot (invalidation): 10940.00

Our preference

Short positions below 10940.00 with targets at 10610.00 & 10450.00 in extension.

Alternative scenario

Above 10940.00 look for further upside with 11060.00 & 11200.00 as targets.

Comment

The index currently faces a challenging resistance area at 10940.00.

(By Swissquote TRADING CENTRAL)