Dax may rise to 19090.00 - 19370.00

Pivot

18560.00

Our preference

Long positions above 18560.00 with targets at 19090.00 & 19370.00 in extension.

Alternative scenario

Below 18560.00 look for further downside with 18120.00 & 17640.00 as targets.

Comment

Investors have to remain cautious since these levels may trigger profit taking. .

Supports and resistances

19500.00 **

19370.00 ***

19090.00 **

18757.10 Last

18560.00 ***

18120.00 **

17640.00 *

Number of asterisks represents the strength of support and resistance levels.