Our market analysis didn't go well yesterday. We've had clues for the uptrend continuation and breaking of Tuesday's high. Instead of that, Dax gave us the complete opposite and formed a big daily sell-off. Today we open with an ascending gap.
- Resistance: 11 899, 11 29
- Support: NIL
Statistics for today
- Detailed statistics in the Statistical Application
- The statistical probability for breaking yesterday's low is 96%
Today's session hypothesis
We anticipate the bullish correction until yesterday's mid-range. The resistance level of 11 629 or even lower could be a good zone for sellers to target yesterday's low, which has a really high statistical probability. Even though we have such a powerful hint for today's price direction, it is important to remember that markets might always behave erratically and the statistic might not be fulfilled.