SP 500 Intraday: bullish bias above 3101.00
|DAX
Key resistance at 13190.00.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 13190.00
Our preference
Short positions below 13190.00 with targets at 12925.00 & 12870.00 in extension.
Alternative scenario
Above 13190.00 look for further upside with 13260.00 & 13340.00 as targets.
Comment
As Long as 13190.00 is resistance, expect a return to 12925.00.
SP 500
Bullish bias above 3101.00.
Pivot (invalidation): 3101.00
Our preference
Long positions above 3101.00 with targets at 3125.00 & 3141.00 in extension.
Alternative scenario
Below 3101.00 look for further downside with 3081.00 & 3069.00 as targets.
Comment
The RSI is mixed to bullish.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.