Dax may rise to 18660.00 - 18775.00

Pivot

18380.00

Our preference

Long positions above 18380.00 with targets at 18660.00 & 18775.00 in extension.

Alternative scenario

Below 18380.00 look for further downside with 18210.00 & 18110.00 as targets.

Comment

Investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances

18800.00

18775.00

18660.00

18607.20 Last

18380.00

18210.00

18110.00

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