Contributors Technical Analysis DAX: Rebound Expected

DAX: Rebound Expected

Pivot (invalidation): 12505.00

Our preference Long positions above 12505.00 with targets at 12685.00 & 12830.00 in extension.

Alternative scenario Below 12505.00 look for further downside with 12415.00 & 12300.00 as targets.

Comment A support base at 12505.00 has formed and has allowed for a temporary stabilisation.

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