Index

Dax may fall to 18590.00 - 18660.00

2024-05-27

Pivot

18804.00

Our preference

Short positions below 18804.00 with targets at 18660.00 & 18590.00 in extension.

Alternative scenario

Above 18804.00 look for further upside with 18855.00 & 18895.00 as targets.

Comment

As long as 18804.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

18895.00

18855.00

18804.00

18722.70 Last

18660.00

18590.00

18400.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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