Dax may fall to 18045.00 - 18130.00

Pivot

18320.00

Our preference

Short positions below 18320.00 with targets at 18130.00 & 18045.00 in extension.

Alternative scenario

Above 18320.00 look for further upside with 18385.00 & 18460.00 as targets.

Comment

As long as 18320.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

18460.00

18385.00

18320.00

18163.70 Last

18130.00

18045.00

17900.00

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