DAX Intraday: Bullish bias above 11468.00

Swissquote Bank Research Team Swissquote Bank Ltd

DAX

Bullish bias above 11468.00.

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Pivot (invalidation): 11468.00

Our preference
Long positions above 11468.00 with targets at 11693.00 & 11770.00 in extension.

Alternative scenario
Below 11468.00 look for further downside with 11385.00 & 11288.00 as targets.

Comment
The RSI is mixed.

S&P 500

Under pressure.

Pivot (invalidation): 2736.00

Our preference
Short positions below 2736.00 with targets at 2686.00 & 2650.00 in extension.

Alternative scenario
Above 2736.00 look for further upside with 2757.00 & 2787.00 as targets.

Comment
The RSI is mixed to bearish.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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