Dax may fall to 18365.00 - 18450.00

Pivot

18660.00

Our preference

Short positions below 18660.00 with targets at 18450.00 & 18365.00 in extension.

Alternative scenario

Above 18660.00 look for further upside with 18785.00 & 18855.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

18855.00

18785.00

18660.00

18513.70 Last

18450.00

18365.00

18100.00

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