FTMO

Dax daily: 05 Sep 2019

EUREX:FDAX1!   DAX Futures
Yesterday we opened with a huge long gap, immediately we tested our resistance level at 12 037, where we stopped for a while, however we did not get any short move from this resistance level. Yesterday´s range was just 90 points, which is below average. Today we are opening again with a huge long gap near another resistance level at 12 150.

Important zones

Resistance: 12 150
Support: 12 032

Statistics for today

Detailed statistics in the Statistical Application

Macroeconomic releases

NIL

Today's session hypothesis

Dax has opened with a huge positive gap and now is testing the resistance level at 12 150. If we find sellers at this level, we might see a test of a support at 12 032, where we can bounce up. If we continue even higher, we might see a test of 12 257.

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