Dax may rise to 18483.00 - 18570.00

Pivot

18207.00

Our preference

Long positions above 18207.00 with targets at 18483.00 & 18570.00 in extension.

Alternative scenario

Below 18207.00 look for further downside with 18110.00 & 18049.00 as targets.

Comment

A support base at 18207.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances

18630.00

18570.00

18483.00

18371.00 Last

18207.00

18110.00

18049.00

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