Good morning traders!
- Decent bullish day yesterday
- We are still pressing against resistance around the 10110 zone
- A break through this level opens up a larger move
- A break back to 9950 could allow buyers to step back in
I have a long open from my DaxTrader system at the moment, currently around 20-25 points down, with a Stop Loss at 9995. If it gets stopped out I am looking to get back in around 9950 to go long.
I remain bullish above 9800, but can still see the longer term swing trade short.
Dax Support & Resistance
KEY LEVELS | |
Daily R2 | 10190 |
Daily R1 | 10112 |
Daily Pivot | 10017 |
Daily S1 | 9939 |
Daily S2 | 9845 |
200 Day EMA | 10216 |