(16 NOVEMBER 2018)DAX:Intraday support around 11254.00.

Pivot (invalidation): 11254.00

Our preference

Long positions above 11254.00 with targets at 11425.00 & 11490.00 in extension.

Alternative scenario

Below 11254.00 look for further downside with 11190.00 & 11140.00 as targets.

Comment

A support base at 11254.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)