Dax may rise to 18550.00 - 18640.00

Pivot

18220.00

Our preference

Long positions above 18220.00 with targets at 18550.00 & 18640.00 in extension.

Alternative scenario

Below 18220.00 look for further downside with 18090.00 & 17910.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

18700.00

18640.00

18550.00

18446.70 Last

18220.00

18090.00

17910.00

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