Dax intraday: Key resistance at 13145.00
|DAX: Key resistance at 13145.00
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Pivot (invalidation): 13145.00
Our preference
Short positions below 13145.00 with targets at 12840.00 & 12754.00 in extension.
Alternative scenario
Above 13145.00 look for further upside with 13240.00 & 13330.00 as targets.
Comment
The RSI is below its neutrality area at 50% but reversing up.
SP 500: Under pressure
Pivot (invalidation): 3391.00
Our preference
Short positions below 3391.00 with targets at 3303.00 & 3259.00 in extension.
Alternative scenario
Above 3391.00 look for further upside with 3452.00 & 3500.00 as targets.
Comment
The RSI advocates for further decline.
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