(12 MAY 2020)DAX Key resistance at 10900.00.

(12 MAY 2020)DAX Key resistance at 10900.00.

12 May 2020, 13:38
Jiming Huang
0
85

da
Pivot
 (invalidation): 10900.00
Our preference
Short positions below 10900.00 with targets at 10720.00 & 10600.00 in extension.
Alternative scenario
Above 10900.00 look for further upside with 10990.00 & 11080.00 as targets.
Comment
As Long as 10900.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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