Dax daily: 20 Jun 2019
By looking at the past two sessions, it is very clear that the waiting for FOMC does indeed affect the Dax. Yesterday’s session only had a range of 70 points and most of the time, we traded sideways, slightly to the downside. The session ended at the price 13 312.
Important zones
Resistance: 12 433
Support: 12 281
Statistics for today
25 % gap close
Detailed statistics in the Statistical Application
Macroeconomic releases
none
Today’s session hypothesis
Today’s morning gap did surprise many traders. The Dax jumped 59 points to the upside to test our long-term resistances. The probability of closing the gap is only 25%. It seems that this is a sign that we might test higher prices. Immediately this morning, we are battling with the resistance 12 378, next resistance is at 12 433, where buyers might slow down.
Important zones
Resistance: 12 433
Support: 12 281
Statistics for today
25 % gap close
Detailed statistics in the Statistical Application
Macroeconomic releases
none
Today’s session hypothesis
Today’s morning gap did surprise many traders. The Dax jumped 59 points to the upside to test our long-term resistances. The probability of closing the gap is only 25%. It seems that this is a sign that we might test higher prices. Immediately this morning, we are battling with the resistance 12 378, next resistance is at 12 433, where buyers might slow down.
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