Dax may rise to 18605.00 - 18740.00

Pivot

18340.00

Our preference

Long positions above 18340.00 with targets at 18605.00 & 18740.00 in extension.

Alternative scenario

Below 18340.00 look for further downside with 18230.00 & 18160.00 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

18779.00

18740.00

18605.00

18522.50 Last

18340.00

18230.00

18160.00

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