DAX Intraday: Key resistance at 11372.00
|DAX
Key resistance at 11372.00.
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Pivot (invalidation): 11372.00
Our preference
Short positions below 11372.00 with targets at 11213.00 & 11150.00 in extension.
Alternative scenario
Above 11372.00 look for further upside with 11429.00 & 11490.00 as targets.
Comment
The index currently faces a challenging resistance area at 11372.00.
S&P 500
Supported by a rising trend line.
Pivot (invalidation): 2753.50
Our preference
Long positions above 2753.50 with targets at 2795.00 & 2804.50 in extension.
Alternative scenario
Below 2753.50 look for further downside with 2737.00 & 2723.00 as targets.
Comment
The RSI advocates for further advance.
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