Dax daily: 28 May 2019
For yesterday we were more supportive of the buyers, but their strength didn’t last long. The sellers were able to correct the growing movement and eventually, Dax moved sideways. We closed at 12 064. The last trading hours were absolutely without volatility.
Important zones
Resistance: 12 142
Support: 12 064, 11 958, 11 922
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of closing the gap is 39%
Macroeconomic releases
NIL
Today’s session hypothesis
Today began with an ascending gap of 41 points. The last two sessions are systematically rising to higher prices and today’s gap is a continuation of this action. Zones from the past analysis are still valid, so the first resistance that we should be careful about is 12 142 price. Today’s probabilities suggest not to close the gap and rather head higher. If the gap is closed, the price of 12 064 will now be a luxurious support level where new buyers can comfortably step in.
Important zones
Resistance: 12 142
Support: 12 064, 11 958, 11 922
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of closing the gap is 39%
Macroeconomic releases
NIL
Today’s session hypothesis
Today began with an ascending gap of 41 points. The last two sessions are systematically rising to higher prices and today’s gap is a continuation of this action. Zones from the past analysis are still valid, so the first resistance that we should be careful about is 12 142 price. Today’s probabilities suggest not to close the gap and rather head higher. If the gap is closed, the price of 12 064 will now be a luxurious support level where new buyers can comfortably step in.
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