Dax may rise to 18435.00 - 18530.00

Pivot

18250.00

Our preference

Long positions above 18250.00 with targets at 18435.00 & 18530.00 in extension.

Alternative scenario

Below 18250.00 look for further downside with 18180.00 & 18124.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

18600.00

18530.00

18435.00

18379.90 Last

18250.00

18180.00

18124.00

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