Dax may fall to 19200.00 - 19305.00

Pivot

19600.00

Our preference

Short positions below 19600.00 with targets at 19305.00 & 19200.00 in extension.

Alternative scenario

Above 19600.00 look for further upside with 19670.00 & 19810.00 as targets.

Comment

As long as 19600.00 is resistance, look for choppy price action with a bearish bias. .

Supports and resistances

19810.00

19670.00

19600.00

19523.20 Last

19305.00

19200.00

19070.00

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