DAX 30 - Nov 11, 2016

[Evgenia Gencheva]

DAX 30, started today with few lower tops, clearly visible on 5 min. chart, after strong resistance at 10800.
Still moves in consolidation tunnel after US election Bullish flag.
Based on H4 chart DAX is already under rejection of middle bollinger, but still over support of sma 14.
To the end of the day I expect again breakdown of the pp 10545 and support at 10530.

https://i.servimg.com/u/f37/19/53/74/92/forex_74.png



https://i.servimg.com/u/f37/19/53/74/92/forex_76.png

[Evgenia Gencheva]

DAX already broke diagonal resistances from this morning, but currently is under horizontal resistances, important points for DAX.

https://i.servimg.com/u/f37/19/53/74/92/forex_80.png