Dax may rise to 18435.00 - 18545.00

Pivot

18097.00

Our preference

Long positions above 18097.00 with targets at 18435.00 & 18545.00 in extension.

Alternative scenario

Below 18097.00 look for further downside with 17951.00 & 17740.00 as targets.

Comment

The RSI is negative but supported by a strong support.

Supports and resistances

18647.00

18545.00

18435.00

18286.00 Last

18097.00

17951.00

17740.00

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