Dax may fall to 18160.00 - 18295.00

Pivot

18690.00

Our preference

Short positions below 18690.00 with targets at 18295.00 & 18160.00 in extension.

Alternative scenario

Above 18690.00 look for further upside with 18765.00 & 18855.00 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

18855.00

18765.00

18690.00

18403.00 Last

18295.00

18160.00

18000.00

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