Index

Dax may rise to 18433.00 - 18546.00

2024-08-16

Pivot

17910.00

Our preference

Long positions above 17910.00 with targets at 18433.00 & 18546.00 in extension.

Alternative scenario

Below 17910.00 look for further downside with 17825.00 & 17675.00 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

18647.00

18546.00

18433.00

18292.00 Last

17910.00

17825.00

17675.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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