Dax daily: 04 Jul 2019

Welcome to the last analysis of this week. Tomorrow's analysis will be skipped due to a national holiday. Yesterday's statistics for breaking Tuesday's high was successfully passed. Dax rose all day and closed near its intra-day high. Today, we open with a smaller descending gap.

Important zones

  • Resistance: NIL
  • Support: 12 597, 12 543

Statistics for today

  • Detailed statistics in the Statistical Application
  • The statistical probability of breaking yesterday's high is 90%

Macroeconomic releases

  • USA - National holiday of Independence day.

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Today's session hypothesis

Today's plan is pretty straight forward. Just as yesterday, we have an increased statistical probability of breaking yesterday's high, hence all the trades have a clear target. We could find some buyers at 12 597 or even lower at 12 543. In case bulls are aggressive enough, it is likely they will start aiming higher right from the beginning of the session.