Dax may fall to 17970.00 - 18060.00

Pivot

18305.00

Our preference

Short positions below 18305.00 with targets at 18060.00 & 17970.00 in extension.

Alternative scenario

Above 18305.00 look for further upside with 18370.00 & 18430.00 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

18430.00

18370.00

18305.00

18158.20 Last

18060.00

17970.00

17915.00

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