DAX Daily Forecast - 16 October 2018
Jason Sen | Oct 16, 2018 12:48AM ET
Dax first resistance at 11630/650. Shorts need stops above 11699 again today!! A break higher targets 11770/790. Shorts need stops above the September low at 11860. A break higher again targets 11900/920 and 11980/999.
Failure to beat 11630/650 re-targets first support at 11500/520. Bulls are starting o wim back control, so a bounce from here possible buy further losses meet key support at 11420/400. A break below 11370 triggers stops and could quickly target 11250/230, 11150/140 and 10950/930 and further significant losses could be expected in to the end of October.
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