Price zoomed through the low volume zone we mentioned yesterday in the article. Today we are trading around the point of control from yesterday and this was a price point where sellers aggressively brought the market lower. So the question today is whether or not those sellers are still sitting up here. The POC on futures is 11626 and we have had a couple of attempts at it already.

Let’s take a better look in the video:

Key Levels

  DAX CFD FDAX
Point of Control :  11628 11627
Value Area High :  11656 11645
Value Area Low :  11568 11595
VWAP :  11601 11606
R2 :  11744 11741
S2 :  11434 11429
Pivot :  11589 11585
Previous High : 11680 11678
Previous Low : 11525 11522

Dax Charts

05-03-2019 Dax Technical Analysis 1

05-03-2019 Dax Technical Analysis 2