(12 JULY 2019)DAX:The downside prevails.

(12 JULY 2019)DAX:The downside prevails.

12 July 2019, 09:09
Jiming Huang
0
12

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Pivot (invalidation): 12400.00

Our preference

Short positions below 12400.00 with targets at 12270.00 & 12200.00 in extension.

Alternative scenario

Above 12400.00 look for further upside with 12450.00 & 12490.00 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)


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