(07 FEBRUARY 2019)DAX:Bullish bias above 11265.00.

Pivot (invalidation): 11265.00

Our preference

Long positions above 11265.00 with targets at 11370.00 & 11395.00 in extension.

Alternative scenario

Below 11265.00 look for further downside with 11206.00 & 11148.00 as targets.

Comment

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

(By Swissquote TRADING CENTRAL)