(22 MARCH 2019)DAX:Key resistance at 11640.00.

(22 MARCH 2019)DAX:Key resistance at 11640.00.

22 March 2019, 09:08
Jiming Huang
0
18

da

Pivot (invalidation): 11640.00

Our preference

Short positions below 11640.00 with targets at 11480.00 & 11444.00 in extension.

Alternative scenario

Above 11640.00 look for further upside with 11723.00 & 11790.00 as targets.

Comment

As Long as 11640.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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