DAX intarday: Bounce
|DAX: Bounce
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Pivot (invalidation): 12090.00
Our preference
Long positions above 12090.00 with targets at 12350.00 & 12450.00 in extension.
Alternative scenario
Below 12090.00 look for further downside with 12020.00 & 11955.00 as targets.
Comment
The RSI calls for a rebound.
SP 500: Continuation of the rebound
Pivot (invalidation): 3000.00
Our preference
Long positions above 3000.00 with targets at 3083.00 & 3115.00 in extension.
Alternative scenario
Below 3000.00 look for further downside with 2965.00 & 2930.00 as targets.
Comment
The RSI is bullish and calls for further upside.
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