Dax may fall to 18045.00 - 18130.00

Pivot

18364.00

Our preference

Short positions below 18364.00 with targets at 18130.00 & 18045.00 in extension.

Alternative scenario

Above 18364.00 look for further upside with 18453.00 & 18530.00 as targets.

Comment

As long as 18364.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

18530.00

18453.00

18364.00

18205.40 Last

18130.00

18045.00

17895.00

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