Our yesterday's analysis turned out absolutely successful. Dax bounced from our mentioned trendline, broken Wednesday'shigh and then returned to Wednesday's range, which had a statistical probability of 77%. Today we open with an ascending gap.
Important zones
Resistance: 11 899
Support: 11 759
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
USA - Jackson Hole Symposium
Today's session hypothesis
We could see some sellers from the beginning of the session taking Dax towards the support zone of 11 759 and see the correction towards 11 899 which is just a stone throw away. Before we break yesterday's high and iIf 11 759 doesn't hold the price, then the bearish target is at 11 630.
Important zones
Resistance: 11 899
Support: 11 759
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
USA - Jackson Hole Symposium
Today's session hypothesis
We could see some sellers from the beginning of the session taking Dax towards the support zone of 11 759 and see the correction towards 11 899 which is just a stone throw away. Before we break yesterday's high and iIf 11 759 doesn't hold the price, then the bearish target is at 11 630.