15-02-2019 Dax Technical Analysis

The DAX is looking to test the high from early February and one scenario to look out for is breaking through that high to test the major highs from earlier in the year. We’ve managed to get to the current price 11195 at the time of writing (roughly 11:45am) by zooming through yesterday’s low volume zone.

At current levels watch for a potential repeat of the responsive selling that we saw earlier this week. 

Buy zones could be interesting at the VAL or POC

POC :  11113.5
VAH :  11190.5
VAL :  11079.0
VWAP :  11150.2
R2 :  11341.1
S2 :  10954.9
Pivot :  11148.0
High : 11269.9
Low : 11076.8


Please share this content if you enjoy it: