Dax may fall to 18290.00 - 18380.00

Pivot

18540.00

Our preference

Short positions below 18540.00 with targets at 18380.00 & 18290.00 in extension.

Alternative scenario

Above 18540.00 look for further upside with 18630.00 & 18690.00 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

18690.00

18630.00

18540.00

18461.50 Last

18380.00

18290.00

18100.00

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