Dax Intraday: the bias remains bullish.

Limited Increase
u
2025-05-05 12:02Source:TC

Pivot: 22705.00

Our preference: long positions above 22705.00 with targets at 23230.00 & 23476.00 in extension.

Alternative scenario: below 22705.00 look for further downside with 22430.00 & 22230.00 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:

23500.00

23476.00

23230.00

23155.40 Last

22705.00

22430.00

22230.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-05-2025 at 12:02 UTC+1

Price reference: 23155.40 last known on 05-05-2025 at 12:02 UTC+1

Investment horizon: INTRADAY

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