Dax may rise to 19040.00 - 19140.00

Pivot

18720.00

Our preference

Long positions above 18720.00 with targets at 19040.00 & 19140.00 in extension.

Alternative scenario

Below 18720.00 look for further downside with 18590.00 & 18480.00 as targets.

Comment

The immediate trend remains up and the momentum is strong.

Supports and resistances

19200.00

19140.00

19040.00

18932.20 Last

18720.00

18590.00

18480.00

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