(07 October 2020)DAX Consolidation.

Pivot
 (invalidation): 12965.00
Our preference
Short positions below 12965.00 with targets at 12850.00 & 12780.00 in extension.
Alternative scenario
Above 12965.00 look for further upside with 13035.00 & 13100.00 as targets.
Comment
The RSI has struck against a major resistance around 70% and is reversing down

(By Swissquote TRADING CENTRAL)