DAX Intraday: Bullish bias above 11468.00

DAX

Bullish bias above 11468.00.

Dax

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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.

S&P 500

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.

This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.