Dax may rise to 18453.00 - 18530.00

Pivot

18195.00

Our preference

Long positions above 18195.00 with targets at 18453.00 & 18530.00 in extension.

Alternative scenario

Below 18195.00 look for further downside with 18130.00 & 18045.00 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

18600.00

18530.00

18453.00

18234.10 Last

18195.00

18130.00

18045.00

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