Dax may fall to 18340.00 - 18444.00

Pivot

18655.00

Our preference

Short positions below 18655.00 with targets at 18444.00 & 18340.00 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

18488.70 Last

18444.00

18340.00

18315.00

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