Dax may fall to 18730.00 - 18780.00

Pivot

18895.00

Our preference

Short positions below 18895.00 with targets at 18780.00 & 18730.00 in extension.

Alternative scenario

Above 18895.00 look for further upside with 18950.00 & 18995.00 as targets.

Comment

The index currently faces a challenging resistance area at 18895.00.

Supports and resistances

18995.00

18950.00

18895.00

18839.00 Last

18780.00

18730.00

18400.00

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