DAX Bearish Below 19,260, Bullish Reversal Requires Close Above
DAX Technical Analysis:
The price has dropped and successfully reached our target of 19,100.
Today, DAX remains in a bearish trend as long as it trades below 19,260, with further downside targets at 19,100 and 18,970.
To shift into a bullish trend, the price must close at least a 1-hour candle above 19,260.
Key Levels:
Pivot Point: 19260
Resistance Levels: 19330, 19490, 19720
Support Levels: 19100, 18970, 18780
Trend:
Bearish trend as long as trades under 19260
previous idea:
The price has dropped and successfully reached our target of 19,100.
Today, DAX remains in a bearish trend as long as it trades below 19,260, with further downside targets at 19,100 and 18,970.
To shift into a bullish trend, the price must close at least a 1-hour candle above 19,260.
Key Levels:
Pivot Point: 19260
Resistance Levels: 19330, 19490, 19720
Support Levels: 19100, 18970, 18780
Trend:
Bearish trend as long as trades under 19260
previous idea:
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