Dax may fall to 18055.00 - 18190.00

Pivot

18390.00

Our preference

Short positions below 18390.00 with targets at 18190.00 & 18055.00 in extension.

Alternative scenario

Above 18390.00 look for further upside with 18500.00 & 18640.00 as targets.

Comment

The index currently faces a challenging resistance area at 18390.00.

Supports and resistances

18640.00

18500.00

18390.00

18312.10 Last

18190.00

18055.00

17800.00

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