Dax may rise to 19635.00 - 19780.00

Pivot

19305.00

Our preference

Long positions above 19305.00 with targets at 19635.00 & 19780.00 in extension.

Alternative scenario

Below 19305.00 look for further downside with 19160.00 & 19070.00 as targets.

Comment

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

Supports and resistances

19830.00

19780.00

19635.00

19561.90 Last

19305.00

19160.00

19070.00

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