DAILY MAR'19 DAX - Thursday's trade idea and technicals
Mar'19 Contract – Wednesday’s signals were mixed and neutral and these were confirmed as for the 2nd day in a row futures remained inside Monday’s range and closed little changed on the day. Investor sentiment is overstretched at November’s 11682.5 high, but so far there is no reversal pattern. However, there is a cautiously negative bias and the outlook for Thursday is bearish and the call is to sell on the open and then at 11615.0 with a stop loss at 11682.5, November’s top. Targets are to 11522.5/43.5, this week’s lows, 11417.0, the 4 week base and 11292.0, the 20th Feb low trade
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