DAX Daily Forecast - 05 December 2018
Jason Sen | Dec 05, 2018 02:47AM ET
Dax outlook remains negative so below 11130/120 look for a retest of mega important support down to 11000. A break lower looks more likely this time (last time I predicted a strong bounce & we got it) & is a mage important medium term sell signal.
Gains are likely to be limited with minor resistance at 11220/240 & 11290/310. Try shorts at 11350/360 with stops above 11400. Try shorts again at 11550/600 with stops above 11700.
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