Dax Analysis

Dax Analysis
Dax Analysis

Nearly 500 points up off the lows yesterday at 10800 to nearly reach 11300, the wild ride continues! Bianca has resistance at 11149 and 11272 for today, with support at 10825 and 10669 so some pretty wide ranges between the top and bottom of the channels. Todays pivot is 11071 so initial support there on a likely opening dip, and we also have the 30min 200ema at 11055 so support there below the pivot. Below that then 10980 is the bottom of a rising 30min channel. Resistance is at 11240 for that channel.

Long 11070, stop 11040 would be a possible trade this morning. Target 11200+