(31 JULY 2020)DAX The downside prevails.

(31 JULY 2020)DAX The downside prevails.

31 July 2020, 09:16
Jiming Huang
0
87

da
Pivot
 (invalidation): 12525.00
Our preference
Short positions below 12525.00 with targets at 12260.00 & 12100.00 in extension.
Alternative scenario
Above 12525.00 look for further upside with 12745.00 & 12860.00 as targets.
Comment
The break below 12525.00 is a negative signal that has opened a path to 12260.00.

(By Swissquote TRADING CENTRAL)