DAX Intraday: Key resistance at 11880.00
|DAX
Key resistance at 11880.00.
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Pivot (invalidation): 11880.00
Our preference
Short positions below 11880.00 with targets at 11620.00 & 11520.00 in extension.
Alternative scenario
Above 11880.00 look for further upside with 11980.00 & 12060.00 as targets.
Comment
he RSI is bearish and calls for further downside.
S&P 500
Bullish bias above 2905.00.
Pivot (invalidation): 2905.00
Our preference
Long positions above 2905.00 with targets at 2942.00 & 2980.00 in extension.
Alternative scenario
Below 2905.00 look for further downside with 2890.00 & 2864.00 as targets.
Comment
The RSI is mixed to bullish.
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