Dax may fall to 18160.00 - 18280.00

Pivot

18610.00

Our preference

Short positions below 18610.00 with targets at 18280.00 & 18160.00 in extension.

Alternative scenario

Above 18610.00 look for further upside with 18750.00 & 18810.00 as targets.

Comment

The upward potential is likely to be limited by the resistance at 18610.00.

Supports and resistances

18810.00

18750.00

18610.00

18468.00 Last

18280.00

18160.00

18000.00

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