(05 FEBRUARY 2019)DAX:Bullish bias above 11100.00.

Pivot (invalidation): 11100.00

Our preference

Long positions above 11100.00 with targets at 11210.00 & 11280.00 in extension.

Alternative scenario

Below 11100.00 look for further downside with 11050.00 & 11000.00 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)