Dax may rise to 20170.00 - 20590.00

Pivot

18700.00

Our preference

Long positions above 18700.00 with targets at 20170.00 & 20590.00 in extension.

Alternative scenario

Below 18700.00 look for further downside with 18200.00 & 17610.00 as targets.

Comment

The RSI is bullish and calls for further advance. .

Supports and resistances

21000.00

20590.00

20170.00

19621.10 Last

18700.00

18200.00

17610.00

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