GDAX Index
Long
Dax (Eurex) may rise to 17775.00 - 17817.00
Pivot
17655.00
Our preference
Long positions above 17655.00 with targets at 17775.00 & 17817.00 in extension.
Alternative scenario
Below 17655.00 look for further downside with 17618.00 & 17576.00 as targets.
Comment
A support base at 17655.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances
17850.00
17817.00
17775.00
17745.00 Last
17655.00
17618.00
17576.00
Number of asterisks represents the strength of support and resistance levels.
17655.00
Our preference
Long positions above 17655.00 with targets at 17775.00 & 17817.00 in extension.
Alternative scenario
Below 17655.00 look for further downside with 17618.00 & 17576.00 as targets.
Comment
A support base at 17655.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances
17850.00
17817.00
17775.00
17745.00 Last
17655.00
17618.00
17576.00
Number of asterisks represents the strength of support and resistance levels.
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