Index

Dax may fall to 18380.00 - 18444.00

2024-07-08

Pivot

18655.00

Our preference

Short positions below 18655.00 with targets at 18444.00 & 18380.00 in extension.

Alternative scenario

Above 18655.00 look for further upside with 18785.00 & 18855.00 as targets.

Comment

As long as 18655.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

18855.00

18785.00

18655.00

18558.10 Last

18444.00

18380.00

18315.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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