//(23 OCTOBER 2018)DAX:The downside prevails.

(23 OCTOBER 2018)DAX:The downside prevails.

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dax

Pivot (invalidation): 11600.00

Our preference

Short positions below 11600.00 with targets at 11465.00 & 11365.00 in extension.

Alternative scenario

Above 11600.00 look for further upside with 11680.00 & 11730.00 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)