Dax may rise to 18600.00 - 18690.00

Pivot

18365.00

Our preference

Long positions above 18365.00 with targets at 18600.00 & 18690.00 in extension.

Alternative scenario

Below 18365.00 look for further downside with 18280.00 & 18210.00 as targets.

Comment

A support base at 18365.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances

18785.00

18690.00

18600.00

18488.30 Last

18365.00

18280.00

18210.00

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