(06 November 2020)DAX Bullish bias above 12390.00.

Pivot
 (invalidation): 12390.00
Our preference
Long positions above 12390.00 with targets at 12718.00 & 12820.00 in extension.
Alternative scenario
Below 12390.00 look for further downside with 12200.00 & 12045.00 as targets.
Comment
The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)