(24 October 2019)DAX Key resistance at 12820.00.

(24 October 2019)DAX Key resistance at 12820.00.

24 October 2019, 09:06
Jiming Huang
0
65
da

DAX
Key resistance at 12820.00.
Pivot
 (invalidation): 12820.00
Our preference
Short positions below 12820.00 with targets at 12728.00 & 12700.00 in extension.
Alternative scenario
Above 12820.00 look for further upside with 12860.00 & 12910.00 as targets.
Comment
The index currently faces a challenging resistance area at 12820.00.

(By Swissquote TRADING CENTRAL)