Dax may fall to 18210.00 - 18365.00

Pivot

18600.00

Our preference

Short positions below 18600.00 with targets at 18365.00 & 18210.00 in extension.

Alternative scenario

Above 18600.00 look for further upside with 18690.00 & 18785.00 as targets.

Comment

As long as the resistance at 18600.00 is not surpassed, the risk of the break below 18365.00 remains high.

Supports and resistances

18785.00

18690.00

18600.00

18417.60 Last

18365.00

18210.00

18100.00

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