DAX Bulls Remain In Control Despite Overbought Conditions
Jason Sen | Nov 17, 2019 07:30AM ET
h3 DAX December Contract Daily Forecast - November 18, 2019/h3
DAX holding below 13170 meets first support at 13110/100. Downside is expected to be limited but further losses target 13050. The next target is 12990/980.
Holding above 13190 allows a recovery towards 13280/290. Bulls remain in control despite overbought conditions so a break above 13300 can be taken as a buy signal. Gains are likely to be slow but we can target 13370 and 13395/400. On a break above 13420 looks for 13490/499.
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