Dax is neutral

Pivot

18870.00

Our preference

Short positions below 18870.00 with targets at 18200.00 & 17970.00 in extension.

Alternative scenario

Above 18870.00 look for further upside with 19210.00 & 19490.00 as targets.

Comment

The index currently faces a challenging resistance area at 18870.00. .

Supports and resistances

19490.00 **

19210.00 ***

18870.00 **

18633.10 Last

18200.00 ***

17970.00 **

17000.00 *

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