Dax may fall to 18280.00 - 18430.00

Pivot

18650.00

Our preference

Short positions below 18650.00 with targets at 18430.00 & 18280.00 in extension.

Alternative scenario

Above 18650.00 look for further upside with 18735.00 & 18785.00 as targets.

Comment

As long as 18650.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

18785.00

18735.00

18650.00

18484.90 Last

18430.00

18280.00

18210.00

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