Dax may rise to 19780.00 - 19930.00

Pivot

19305.00

Our preference

Long positions above 19305.00 with targets at 19780.00 & 19930.00 in extension.

Alternative scenario

Below 19305.00 look for further downside with 19160.00 & 19070.00 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up. .

Supports and resistances

20000.00

19930.00

19780.00

19631.40 Last

19305.00

19160.00

19070.00

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