(16 JUNE 2020)DAX Technical rebound in a bearish trend.

Pivot
 (invalidation): 11759.00
Our preference
Long positions above 11759.00 with targets at 12000.00 & 12160.00 in extension.
Alternative scenario
Below 11759.00 look for further downside with 11600.00 & 11510.00 as targets.
Comment
The RSI has broken up its 30 level.

(By Swissquote TRADING CENTRAL)