Dax may fall to 17630.00 - 17740.00

Pivot

18275.00

Our preference

Short positions below 18275.00 with targets at 17740.00 & 17630.00 in extension.

Alternative scenario

Above 18275.00 look for further upside with 18435.00 & 18545.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

18545.00

18435.00

18275.00

17880.00 Last

17740.00

17630.00

17500.00

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