Dax may fall to 18440.00 - 18516.00

Pivot

18702.00

Our preference

Short positions below 18702.00 with targets at 18516.00 & 18440.00 in extension.

Alternative scenario

Above 18702.00 look for further upside with 18770.00 & 18855.00 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

18855.00

18770.00

18702.00

18590.00 Last

18516.00

18440.00

18400.00

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