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Risk disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Dax may rise to 20430.00 - 20560.00

BY Trading Central

|December 9, 2024

Intraday: the bias remains bullish.

 Intraday: the bias remains bullish.

Pivot

20055.00

Our preference

Long positions above 20055.00 with targets at 20430.00 & 20560.00 in extension.

Alternative scenario

Below 20055.00 look for further downside with 19910.00 & 19780.00 as targets.

Comment

Investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances

20640.00

20560.00

20430.00

20385.80 Last

20055.00

19910.00

19780.00

Number of asterisks represents the strength of support and resistance levels.

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Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.

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