DAX 30 - Oct 12, 2016

[Evgenia Gencheva]

DAX is in pull back after breakout of the top trend line, but over the pivot point 10550. There's no possibility for huge drop, so for tomorrow 12.10.2016, I expect 10660 level and continuation of the consolidation in this bullish contracting triangle over 10550.

https://i.servimg.com/u/f97/19/53/74/92/forex_76.png



https://i.servimg.com/u/f97/19/53/74/92/forex_77.png

[Evgenia Gencheva]

Last night DAX was rejected at 10630, this is the reason for test support under the pivot point this morning.

https://i.servimg.com/u/f97/19/53/74/92/forex_82.png



https://i.servimg.com/u/f97/19/53/74/92/forex_83.png