Dax may fall to 18270.00 - 18365.00

Pivot

18690.00

Our preference

Short positions below 18690.00 with targets at 18365.00 & 18270.00 in extension.

Alternative scenario

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

Comment

As long as 18690.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

18855.00

18765.00

18690.00

18512.00 Last

18365.00

18270.00

18000.00

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