Dax may rise to 18460.00 - 18893.00

Pivot

17310.00

Our preference

Long positions above 17310.00 with targets at 18460.00 & 18893.00 in extension.

Alternative scenario

Below 17310.00 look for further downside with 16860.00 & 16320.00 as targets.

Comment

The RSI is mixed and calls for caution. .

Supports and resistances

19190.00 **

18893.00 ***

18460.00 **

18236.90 Last

17310.00 ***

16860.00 **

16320.00 *

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