(09 OCTOBER 2018)DAX:The downside prevails.

(09 OCTOBER 2018)DAX:The downside prevails.

9 October 2018, 09:29
Jiming Huang
0
79

dax

Pivot (invalidation): 12000.00

Our preference

Short positions below 12000.00 with targets at 11900.00 & 11865.00 in extension.

Alternative scenario

Above 12000.00 look for further upside with 12050.00 & 12100.00 as targets.

Comment

The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)