Dax may fall to 18375.00 - 18460.00

Pivot

18560.00

Our preference

Short positions below 18560.00 with targets at 18460.00 & 18375.00 in extension.

Alternative scenario

Above 18560.00 look for further upside with 18630.00 & 18770.00 as targets.

Comment

The index currently faces a challenging resistance area at 18560.00.

Supports and resistances

18770.00

18630.00

18560.00

18504.00 Last

18460.00

18375.00

18300.00

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