DAX 30 | CLINGING ONTO SUPPORT
The DAX fails to escape the equity carnage as the closes the week with losses of 2.9%. After the Fed provided an emergency cut, all eyes will be on the ECB as they look to announce a series of measures to aid the Eurozone. On the technical front, the DAX remains weak with bounces proving short-lived. That said, 11,500 has held thus far for the DAX, although with risks remaining tilted to further declines, eyes will be on the July 2019 lows.
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 10168.69 10297.61 10403.52 10532.44 10638.35 10767.27 10873.18
Fibonacci 10297.61 10387.32 10442.73 10532.44 10622.15 10677.56 10767.27
Camarilla 10444.85 10466.38 10487.90 10532.44 10530.96 10552.48 10574.01
Woodie's 10157.19 10291.86 10392.02 10526.69 10626.85 10761.52 10861.68
DeMark's - - 10350.56 10505.96 10585.39