Dax may rise to 18780.00 - 19210.00

Pivot

17950.00

Our preference

Long positions above 17950.00 with targets at 18780.00 & 19210.00 in extension.

Alternative scenario

Below 17950.00 look for further downside with 17619.00 & 17310.00 as targets.

Comment

The RSI is around its neutrality area at 50% .

Supports and resistances

19400.00 **

19210.00 ***

18780.00 **

18417.60 Last

17950.00 ***

17619.00 **

17310.00 *

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