(26 August 2020)DAX The upside prevails.

Pivot
 (invalidation): 13000.00
Our preference
Long positions above 13000.00 with targets at 13220.00 & 13300.00 in extension.
Alternative scenario
Below 13000.00 look for further downside with 12924.00 & 12830.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.