Dax may rise to 17630.00 - 17835.00

Pivot

17020.00

Our preference

Long positions above 17020.00 with targets at 17630.00 & 17835.00 in extension.

Alternative scenario

Below 17020.00 look for further downside with 16830.00 & 16350.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

18085.00

17835.00

17630.00

17562.00 Last

17020.00

16830.00

16350.00

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