Dax daily: 19 Aug 2019
Friday's session was relatively difficult to trade. It looked like the price might go down a few times, but bulls were stronger and took the price towards our resistance at 11 606. In the end, the gap between the sessions wasn't closed and the trendline wasn't even relevant. For today, we open with yet another ascending gap.
Important zones
Resistance: 11 899, 11 723
Support: 11 404, trend-line, 11 560
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
We estimate a short correction towards Friday's close at 11 560 where bulls are likely to take over and take the price to retest the 11 723. The main target for this week lays at 11 899. If Dax goes well below 11 560, we are likely to see a slow down of Price Action and closing inside Friday's range.
Important zones
Resistance: 11 899, 11 723
Support: 11 404, trend-line, 11 560
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
We estimate a short correction towards Friday's close at 11 560 where bulls are likely to take over and take the price to retest the 11 723. The main target for this week lays at 11 899. If Dax goes well below 11 560, we are likely to see a slow down of Price Action and closing inside Friday's range.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.