Dax may fall to 18600.00 - 18715.00

Pivot

18820.00

Our preference

Short positions below 18820.00 with targets at 18715.00 & 18600.00 in extension.

Alternative scenario

Above 18820.00 look for further upside with 18950.00 & 19040.00 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

19040.00

18950.00

18820.00

18786.00 Last

18715.00

18600.00

18545.00

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