DAX intraday: Bullish bias above 9830.00

Swissquote Bank Research Team Swissquote Bank Ltd

DAX

Bullish bias above 9830.00.

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Pivot (invalidation): 9830.00

Our preference
Long positions above 9830.00 with targets at 10230.00 & 10435.00 in extension.

Alternative scenario
Below 9830.00 look for further downside with 9630.00 & 9320.00 as targets.

Comment
The RSI is bullish and calls for further advance.

SP 500

Further advance.

Pivot (invalidation): 2573.00

Our preference
Long positions above 2573.00 with targets at 2711.00 & 2795.00 in extension.

Alternative scenario
Below 2573.00 look for further downside with 2448.00 & 2360.00 as targets.

Comment
The RSI is bullish and calls for further upside.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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