Dax may rise to 17830.00 - 17920.00

Pivot

17650.00

Our preference

Long positions above 17650.00 with targets at 17830.00 & 17920.00 in extension.

Alternative scenario

Below 17650.00 look for further downside with 17440.00 & 17320.00 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

18100.00

17920.00

17830.00

17747.00 Last

17650.00

17440.00

17320.00

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