Dax may rise to 18215.00 - 18300.00

Pivot

17970.00

Our preference

Long positions above 17970.00 with targets at 18215.00 & 18300.00 in extension.

Alternative scenario

Below 17970.00 look for further downside with 17870.00 & 17790.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

18340.00

18300.00

18215.00

18117.70 Last

17970.00

17870.00

17790.00

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