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DAX: Watching 18,200
The DAX seems to be finding some resistance around the 18,200 level again. I'm keeping an eye on whether it can consolidate above that, otherwise, a retest of 18,000 or even 17,900 wouldn't surprise me. The invalidated scenario for me would be a sustained break above 18,300.
1 comments · 1 points
I'm seeing the same resistance. If it can't hold above 18,200, I'm expecting a quick drop to test 18,000 again. The volume just isn't there to push it higher right now.