(14 DECEMBER 2018)DAX:Bullish bias above 10890.00.

(14 DECEMBER 2018)DAX:Bullish bias above 10890.00.

14 December 2018, 09:12
Jiming Huang
0
54

dax

Pivot (invalidation): 10890.00

Our preference

Long positions above 10890.00 with targets at 10990.00 & 11060.00 in extension.

Alternative scenario

Below 10890.00 look for further downside with 10770.00 & 10680.00 as targets.

Comment

A support base at 10890.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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