Dax is neutral

Pivot

18980.00

Our preference

Short positions below 18980.00 with targets at 18280.00 & 17900.00 in extension.

Alternative scenario

Above 18980.00 look for further upside with 19240.00 & 19490.00 as targets.

Comment

As long as 18980.00 is resistance, look for choppy price action with a bearish bias. .

Supports and resistances

19490.00

19240.00

18980.00

18628.30 Last

18280.00

17900.00

17300.00

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