(29 October 2019)DAX Supported by a rising trend line.

(29 October 2019)DAX Supported by a rising trend line.

29 October 2019, 09:13
Jiming Huang
0
66

da
Pivot
 (invalidation): 12900.00
Our preference
Long positions above 12900.00 with targets at 12980.00 & 13000.00 in extension.
Alternative scenario
Below 12900.00 look for further downside with 12835.00 & 12800.00 as targets.
Comment
The break above 12900.00 is a positive signal that has opened a path to 12980.00.

(By Swissquote TRADING CENTRAL)

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