Dax may rise to 18230.00 - 18279.00

Pivot

18030.00

Our preference

Long positions above 18030.00 with targets at 18230.00 & 18279.00 in extension.

Alternative scenario

Below 18030.00 look for further downside with 17945.00 & 17900.00 as targets.

Comment

A support base at 18030.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances

18385.00

18279.00

18230.00

18152.90 Last

18030.00

17945.00

17900.00

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