DAX Report 28th May 2020


Mid-term: (1 – 2 weeks) We have reached the upside resistance at 11800 levels. Pullbacks expected while below 11800 to 11500 levels

Short Term: (1-2 Days) While we hold 11800 move to 11650


5m bar/Fractal breaks: Breaks down below 11745

Spike Levels:

Buy 11400  Stop 76 PTS Target 78  pts – valid all-day

Sell 12000  Stop 76 PTS Target 78  pts – valid all-day

Gap/ FOF: No Trade

David Denholm

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