DAX Report 26th May 2020

Analysis

Mid-term: (1 – 2 weeks) We have reached our 11400 targets while we hold 11540 expect a retracement to 11350 levels. Acceptance above 11540 move to 11700

Short Term (1-2 Days)  while we hold 101540 I expect a retracement to closing gap 11380

5m bar/Fractal breaks:  Breaks down below 10470  – Breaks up above 11540

Spike Levels: 

Buy 10680  Stop 86 PTS Target 86 pts – valid all day

Sell 11615 Stop 86 PTS Target 86 pts – valid all day

Gap/ FOF:  No Trade


David Denholm

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