(27 MARCH 2019)DAX:The downside prevails.

Pivot (invalidation): 11470.00

Our preference

Short positions below 11470.00 with targets at 11349.00 & 11280.00 in extension.

Alternative scenario

Above 11470.00 look for further upside with 11520.00 & 11590.00 as targets.

Comment

As Long as the resistance at 11470.00 is not surpassed, the risk of the break below 11349.00

remains high. 

(By Swissquote TRADING CENTRAL)