Dax Intraday: consolidation in place.

Pivot: 23390.00

Our preference: short positions below 23390.00 with targets at 23130.00 & 22980.00 in extension.

Alternative scenario: above 23390.00 look for further upside with 23629.00 & 23830.00 as targets.

Comment: as long as 23390.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

23830.00

23629.00

23390.00

23238.30 Last

23130.00

22980.00

22765.00