Dax may fall to 17030.00 - 17220.00

Pivot

17640.00

Our preference

Short positions below 17640.00 with targets at 17220.00 & 17030.00 in extension.

Alternative scenario

Above 17640.00 look for further upside with 17755.00 & 17915.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

17915.00

17755.00

17640.00

17400.00 Last

17220.00

17030.00

16835.00

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