Dax is neutral

Pivot

18780.00

Our preference

Short positions below 18780.00 with targets at 17890.00 & 17490.00 in extension.

Alternative scenario

Above 18780.00 look for further upside with 19210.00 & 19490.00 as targets.

Comment

As long as 18780.00 is resistance, look for choppy price action with a bearish bias. .

Supports and resistances

19490.00 **

19210.00 ***

18780.00 **

18311.70 Last

17890.00 ***

17490.00 **

17000.00 *

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