Dax Technical Analysis 21-02-2019

21-02-2019 Dax Technical Analysis

The rally in the markets continues, despite the latest data on the development of the economy from this morning’s economic calendar. The momentum is still strong right now and we have witnessed the break above 392. So there is a risk of a bull trap up here and some buyers may wish to wait for a retracement back to value. Let’s take a look at where those areas may be.

DAX KEY LEVELS
  CFD
POC :  11406.0
VAH :  11421.0
VAL :  11342.0
VWAP :  11380.7
R2 :  11537.7
S2 :  11236.8
Pivot :  11387.3
High : 11446.5
Low : 11296.1

Dax Charts