Dax may rise to 18435.00 - 18545.00

Pivot

18097.00

Our preference

Long positions above 18097.00 with targets at 18435.00 & 18545.00 in extension.

Alternative scenario

Below 18097.00 look for further downside with 17951.00 & 17740.00 as targets.

Comment

Investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances

18647.00

18545.00

18435.00

18322.00 Last

18097.00

17951.00

17740.00

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