(14 August 2020)DAX Consolidation in place.

Pivot
 (invalidation): 13040.00
Our preference
Short positions below 13040.00 with targets at 12955.00 & 12900.00 in extension.
Alternative scenario
Above 13040.00 look for further upside with 13100.00 & 13160.00 as targets.
Comment
As Long as 13040.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)