(08 OCTOBER 2018)DAX:The downside prevails.

(08 OCTOBER 2018)DAX:The downside prevails.

8 October 2018, 10:33
Jiming Huang
0
68

dax

Pivot (invalidation): 12185.00

Our preference

Short positions below 12185.00 with targets at 12040.00 & 12000.00 in extension.

Alternative scenario

Above 12185.00 look for further upside with 12280.00 & 12350.00 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)