(22 October 2020)DAX The downside prevails.

(22 October 2020)DAX The downside prevails.

22 October 2020, 09:14
Jiming Huang
0
82

da
Pivot
 (invalidation): 12725.00
Our preference
Short positions below 12725.00 with targets at 12510.00 & 12340.00 in extension.
Alternative scenario
Above 12725.00 look for further upside with 12860.00 & 13030.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)