Short term opinion: Consolidation
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Supports: 11.390,00 / 11.310,00 / 11.238,00
Resistances: 11.505,00 / 11.560,00 / 11.600,00
Dax Intraday: the bias remains bullish.
Long positions above 11390.00 with targets at 11505.00&11560.00 in extension.
Our preference:long positions above 11390.00 with targets at 11505.00&11560.00 in extension.
Alternative scenario:below 11390.00 look for further downside with 11310.00&11238.00 as targets.
Comment:the RSI is mixed to bullish.
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-25-2019 at 04:45 UTC+1
Price reference: 11457.70 last known on 02-25-2019 at 04:45 UTC+1
Investment horizon: INTRADAY
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Legend: * = Intermediate level ** = Strong level *** = Very strong level
|Date/Time||Name||Last||Short term opinion||Short term Evol.||Mid term opinion||Mid term Evol.|
|28/02/2019||Dax||11.425,00||Limited rise||Limited decline|
|27/02/2019||Dax||11.474,00||Limited rise||Limited decline|
|27/02/2019||Dax||11.492,00||Limited rise||Limited decline|
|26/02/2019||Dax||11.540,00||Limited rise||Limited decline|
|26/02/2019||Dax||11.447,00||Limited rise||Limited decline|
|25/02/2019||Dax||11.520,84||Limited rise||Limited decline|
|25/02/2019||Dax||11.518,32||Limited rise||Limited decline|