DAX Report 2nd June 2020

Analysis

Mid-term: (1 – 2 weeks) Pullbacks expected with break below 11800 to 11500 levels

Short Term (1-2 Days) Pullbacks expected with break below 11800 to 11600vlevels

5m bar/Fractal breaks: Breaks down below 11800

Spike Levels: 

Buy 11510  Stop 70 PTS Target 70  pts – valid all day

Sell 12200  Stop 70 PTS Target 70  pts – valid all day

Gap/ FOF: No Trade


David Denholm

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