Yesterday’s session can be characterized as a very lazy one. Dax first took a slight climb towards our resistance at 12 117 where we found some sellers. Following was a 55 points move down. That’s about it, nothing more interesting from the price action perspective as the price was ranging lazily for the rest of the session duration. The overall intra-day range was below the average 70 points. Today’s gap has already been closed.

Important zones

Resistance: 12 144, 12 194
Support: 12 012

Statistics for today

Detailed statistics in the Statistical Application

Macroeconomic releases


Today’s session hypothesis

Due to the fact the price hasn’t moved anywhere yesterday, our zones remain unchanged. If the price reaches 12 144, we expect to see some bearish push towards 12 012. Considering the fact there are no relevant news scheduled for the day, the session might turn out similarly to that of yesterday. - funding for serious traders
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