Dax may rise to 19630.00 - 20000.00

Pivot

18700.00

Our preference

Long positions above 18700.00 with targets at 19630.00 & 20000.00 in extension.

Alternative scenario

Below 18700.00 look for further downside with 18280.00 & 17900.00 as targets.

Comment

The RSI is above its neutrality area at 50%. .

Supports and resistances

20190.00

20000.00

19630.00

19412.30 Last

18700.00

18280.00

17900.00

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