(18 JULY 2019)DAX:The downside prevails.

(18 JULY 2019)DAX:The downside prevails.

18 July 2019, 09:02
Jiming Huang
0
16

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Pivot (invalidation): 12405.00

Our preference

Short positions below 12405.00 with targets at 12300.00 & 12240.00 in extension.

Alternative scenario

Above 12405.00 look for further upside with 12465.00 & 12510.00 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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