DAX Report 27th May 2020

Analysis

Mid-term: (1 – 2 weeks) While we hold 11570 expect a retracement to 11380 levels. Acceptance above 11620 moves to 11790

Short Term: (1-2 Days) while we hold 11570 I expect a retracement to unfilled ex gap

11380

5m bar/Fractal breaks: Breaks down below 10420 – Breaks up above 11620FTSE and Dax Reports

Spike Levels:

Buy 11370  Stop 78 PTS Target 78  pts – valid all day

Gap/ FOF: No Trade


David Denholm

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