Dax Intraday: bullish bias above 23235.00.

Pivot: 23235.00

Our preference: long positions above 23235.00 with targets at 23610.00 & 23760.00 in extension.

Alternative scenario: below 23235.00 look for further downside with 23100.00 & 22900.00 as targets.

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

Supports and resistances:

23870.00

23760.00

23610.00

23477.00 Last

23235.00

23100.00

22900.00