Dax daily: 04 Dec 2019
Resistance: 13 297, 13 130
Support: 13 000 - to be understood as a wider band
Statistics for today
Detailed statistics in the Statistical Application
09:15 - 10:00 CET - Eurozone PMIs
Today's session hypothesis
Wednesday's session starts with a slow downward move. It is likely that Dax will behave similarly to yesterday' price development and going below 13 000. We expect the activity to hold between 12 950 and 13 080. If we bounce off 13 000 upwards, buyers will face the first resistance at 13 130 which relatively far away.