(09 JANUARY 2019)DAX:Bullish bias above 10720.00.

(09 JANUARY 2019)DAX:Bullish bias above 10720.00.

9 January 2019, 09:24
Jiming Huang
0
60

dax

Pivot (invalidation): 10720.00

Our preference

Long positions above 10720.00 with targets at 10910.00 & 10980.00 in extension.

Alternative scenario

Below 10720.00 look for further downside with 10680.00 & 10610.00 as targets.

Comment

Investors have to remain cautious since these levels may trigger profit taking.

(By Swissquote TRADING CENTRAL)

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