(05 AUGUST 2019)DAX:The downside prevails.

(05 AUGUST 2019)DAX:The downside prevails.

5 August 2019, 09:14
Jiming Huang
0
41

da

Pivot (invalidation): 12030.00

Our preference

Short positions below 12030.00 with targets at 11750.00 & 11670.00 in extension.

Alternative scenario

Above 12030.00 look for further upside with 12110.00 & 12260.00 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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