DAX Intraday: Key resistance at 10960.00
|DAX
Key resistance at 10960.00.
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Pivot (invalidation): 10960.00
Our preference
Short positions below 10960.00 with targets at 10825.00 & 10784.00 in extension.
Alternative scenario
Above 10960.00 look for further upside with 11015.00 & 11070.00 as targets.
Comment
As Long as the resistance at 10960.00 is not surpassed, the risk of the break below 10825.00 remains high.
S&P 500
Supported by a rising trend line.
Pivot (invalidation): 2545.00
Our preference
Long positions above 2545.00 with targets at 2636.00 & 2685.00 in extension.
Alternative scenario
Below 2545.00 look for further downside with 2520.00 & 2473.00 as targets.
Comment
The RSI is mixed with a bullish bias.
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