Dax (Eurex) (M5) Intraday: bullish bias above 21600.00.

Pivot: 21600.00

Our preference: long positions above 21600.00 with targets at 22180.00 & 22390.00 in extension.

Alternative scenario: below 21600.00 look for further downside with 21460.00 & 21330.00 as targets.

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

Supports and resistances:

22440.00

22390.00

22180.00

21909.00 Last

21600.00

21460.00

21330.00