(23 AUGUST 2019)DAX Key resistance at 11880.00.

(23 AUGUST 2019)DAX Key resistance at 11880.00.

23 August 2019, 09:24
Jiming Huang
0
60

da
Pivot
 (invalidation): 11880.00
Our preference
Short positions below 11880.00 with targets at 11620.00 & 11520.00 in extension.
Alternative scenario
Above 11880.00 look for further upside with 11980.00 & 12060.00 as targets.
Comment
The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL)