Dax may rise to 18530.00 - 18620.00

Pivot

18340.00

Our preference

Long positions above 18340.00 with targets at 18530.00 & 18620.00 in extension.

Alternative scenario

Below 18340.00 look for further downside with 18274.00 & 18220.00 as targets.

Comment

A support base at 18340.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances

18740.00

18620.00

18530.00

18480.40 Last

18340.00

18274.00

18220.00

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