(16 JANUARY 2019)DAX:Intraday support around 10820.00.

Pivot (invalidation): 10820.00

Our preference

Long positions above 10820.00 with targets at 10960.00 & 11000.00 in extension.

Alternative scenario

Below 10820.00 look for further downside with 10745.00 & 10680.00 as targets.

Comment

A support base at 10820.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)