Dax may rise to 18650.00 - 18990.00

Pivot

17950.00

Our preference

Long positions above 17950.00 with targets at 18650.00 & 18990.00 in extension.

Alternative scenario

Below 17950.00 look for further downside with 17600.00 & 17100.00 as targets.

Comment

The RSI is mixed with a bullish bias. .

Supports and resistances

19370.00 **

18990.00 ***

18650.00 **

18507.00 Last

17950.00 ***

17600.00 **

17100.00 *

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