Dax may fall to 18309.00 - 18440.00

Pivot

18745.00

Our preference

Short positions below 18745.00 with targets at 18440.00 & 18309.00 in extension.

Alternative scenario

Above 18745.00 look for further upside with 18840.00 & 18940.00 as targets.

Comment

As long as 18745.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

18940.00

18840.00

18745.00

18525.00 Last

18440.00

18309.00

18210.00

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