03-10-2018 DAX CLOSED TODAY

03-10-2018 DAx

MARKET: GERMAN DAX 30

SYMBOL: GER30 (CFD) and TMZ18 (Dec Futures)


KEY LEVELS

I will update these tomorrow and include CFD

DAX VIDEO

DAX FUTURES OBSERVATIONS

  • The daily EMA200 (red) is 483 and EMA50 (red) is 328 
  • The 175 low held with a rejection of lower prices yesterday
  • There was a failure to break the Friday low and the price action has created a doji candle on the daily chart
  • We are currently just under the weekly pivot and the composite value area low (see 10-minute chart)

DAX FUTURES TARGETS

  • Downside targets
    • 12,246 (Yesterday’s POC)
    • 12,226 (Yesterday’s value area low)
    • 12,169 (19/9 POC which is similar to the monthly pivot)
    • 11,982 (12/9 POC)
  • Upside targets
    • 12,294 (Monday Value Area Low)
    • 12,320 (Monday POC)

Daily Chart (Futures)

10-minute chart (Futures)

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