Swissquote Bank Research Team
Swissquote Bank Ltd
DAX
Further upside.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 12070.00
Our preference
Long positions above 12070.00 with targets at 12260.00 & 12320.00 in extension.
Alternative scenario
Below 12070.00 look for further downside with 12030.00 & 11951.00 as targets.
Comment
The RSI is bullish and calls for further advance.
S&P 500
Continuation of the rebound.
Pivot (invalidation): 2910.00
Our preference
Long positions above 2910.00 with targets at 2960.00 & 2987.00 in extension.
Alternative scenario
Below 2910.00 look for further downside with 2892.00 & 2856.00 as targets.
Comment
The RSI is bullish and calls for further advance.
This report has been prepared by Swissquote Bank Ltd 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 Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd 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.