Contributors Technical Analysis DAX The Downside Prevails

DAX The Downside Prevails

Pivot (invalidation): 11670.00

Our preference Short positions below 11670.00 with targets at 11400.00 & 11210.00 in extension.

Alternative scenario Above 11670.00 look for further upside with 11750.00 & 11810.00 as targets.

Comment The RSI is capped by a bearish trend line. The index is trading in a bearish channel.

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