Dax Intraday: bullish bias above 23990.00.

Pivot: 23990.00

Our preference: long positions above 23990.00 with targets at 24160.00 & 24270.00 in extension.

Alternative scenario: below 23990.00 look for further downside with 23890.00 & 23810.00 as targets.

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

Supports and resistances:

24480.00

24270.00

24160.00

24096.30 Last

23990.00

23890.00

23810.00