Analysis

S&P 500 Intraday: Towards 2888.25

DAX

Bullish bias above 11955.00.


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Pivot (invalidation): 11955.00

Our preference
Long positions above 11955.00 with targets at 12029.00 & 12112.00 in extension.

Alternative scenario
Below 11955.00 look for further downside with 11890.00 & 11845.00 as targets.

Comment
The RSI is around its neutrality area at 50%

 

S&P 500

Towards 2888.25.

Pivot (invalidation): 2910.50

Our preference
Short positions below 2910.50 with targets at 2896.00 & 2888.25 in extension.

Alternative scenario
Above 2910.50 look for further upside with 2920.00 & 2931.00 as targets.

Comment
The RSI is mixed to bearish.

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