Dax may rise to 18540.00 - 18595.00

Pivot

18420.00

Our preference

Long positions above 18420.00 with targets at 18540.00 & 18595.00 in extension.

Alternative scenario

Below 18420.00 look for further downside with 18370.00 & 18320.00 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

18643.00

18595.00

18540.00

18491.40 Last

18420.00

18370.00

18320.00

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