![(21 SEPTEMBER 2018)DAX:Bullish bias above 12275.00. (21 SEPTEMBER 2018)DAX:Bullish bias above 12275.00.](https://c.mql5.com/6/813/splash-721259.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 12275.00
Our preference
Long positions above 12275.00 with targets at 12360.00 & 12390.00 in extension.
Alternative scenario
Below 12275.00 look for further downside with 12230.00 & 12190.00 as targets.
Comment
Investors have to remain cautious since these levels may trigger profit taking.
(By Swissquote TRADING CENTRAL)