DAX Holding Minor Assist At 11840/830 Meets First Resistance At 11925/935

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DAX Daily Forecast – 14 May 2019

Dax

holding minor support at 11840/830 meets first resistance at 11925/935. Shorts need stops above 11960 for 11980/990, perhaps as far as 12035/055 then a selling opportunity at 12070/090, with stops above 12110.

A break below 11810 targets minor support at 11750/740 and 11700/690. Further losses test the 200-day moving average at 11655/645.

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