DAX intraday: Support around 12520.00
|DAX: Intraday support around 12520.00
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Pivot (invalidation): 12520.00
Our preference
Long positions above 12520.00 with targets at 12770.00 & 12825.00 in extension.
Alternative scenario
Below 12520.00 look for further downside with 12370.00 & 12260.00 as targets.
Comment
The break above 12520.00 is a positive signal that has opened a path to 12770.00.
S&P 500: Bullish bias above 3300.00
Pivot (invalidation): 3300.00
Our preference
Long positions above 3300.00 with targets at 3331.00 & 3360.00 in extension.
Alternative scenario
Below 3300.00 look for further downside with 3272.00 & 3223.00 as targets.
Comment
The RSI is mixed with a bullish bias.
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