Dax may rise to 18460.00 - 18530.00

Pivot

18097.00

Our preference

Long positions above 18097.00 with targets at 18460.00 & 18530.00 in extension.

Alternative scenario

Below 18097.00 look for further downside with 17951.00 & 17740.00 as targets.

Comment

A support base at 18097.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances

18647.00

18530.00

18460.00

18343.10 Last

18097.00

17951.00

17740.00

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