Dax may fall to 18840.00 - 18920.00

Pivot

19205.00

Our preference

Short positions below 19205.00 with targets at 18920.00 & 18840.00 in extension.

Alternative scenario

Above 19205.00 look for further upside with 19315.00 & 19450.00 as targets.

Comment

As long as 19205.00 is resistance, look for choppy price action with a bearish bias. .

Supports and resistances

19450.00

19315.00

19205.00

19031.70 Last

18920.00

18840.00

18700.00

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