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 below its neutrality area at 50%

Supports and resistances

18340.00

18300.00

18215.00

18079.50 Last

17970.00

17870.00

17790.00

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