Dax (Eurex) (H19) Intraday: bullish bias above 10890.00.

Dax (Eurex) (H19) Intraday: bullish bias above 10890.00.
Pivot: 10890.00

Most likely scenario: long positions above 10890.00 with targets at 10967.00 & 11015.00 in extension.

Alternative scenario: below 10890.00 look for further downside with 10839.00 & 10778.00 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up. Prices need to stand above 10890 to maintain the bullish bias

Leave a Reply