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.
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.
however, i see 840 as big hurdle and pivot, once broken, travels far
wish good trading
l4e