Dax (Eurex) (Z18) Intraday: bullish bias above 11260.00.

Dax (Eurex) (Z18) Intraday: bullish bias above 11260.00.
Pivot: 11260.00

Most likely scenario: long positions above 11260.00 with targets at 11415.00 & 11450.00 in extension.

Alternative scenario: below 11260.00 look for further downside with 11225.00 & 11180.00 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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