(04 November 2020)DAX Bullish bias above 11950.00.

Pivot
 (invalidation): 11950.00
Our preference
Long positions above 11950.00 with targets at 12140.00 & 12300.00 in extension.
Alternative scenario
Below 11950.00 look for further downside with 11770.00 & 11660.00 as targets.
Comment
Intraday technical indicators are mixed and call for caution

(By Swissquote TRADING CENTRAL)