Dax (Eurex) (H5) Intraday: key resistance at 20530.00.

Pivot: 20530.00

Our preference: short positions below 20530.00 with targets at 20250.00 & 20155.00 in extension.

Alternative scenario: above 20530.00 look for further upside with 20620.00 & 20730.00 as targets.

Comment: as long as the resistance at 20530.00 is not surpassed, the risk of the break below 20250.00 remains high.

Supports and resistances:

20730.00

20620.00

20530.00

20311.00 Last

20250.00

20155.00

20070.00