DAX Intraday: Support around 11480.00

Swissquote Bank Research Team Swissquote Bank Ltd

DAX

Intraday support around 11480.00.

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Pivot (invalidation): 11480.00

Our preference
Long positions above 11480.00 with targets at 11640.00 & 11720.00 in extension.

Alternative scenario
Below 11480.00 look for further downside with 11410.00 & 11290.00 as targets.

Comment
The RSI is mixed.

S&P 500

Further upside.

Pivot (invalidation): 2774.00

Our preference
Long positions above 2774.00 with targets at 2830.00 & 2875.00 in extension.

Alternative scenario
Below 2774.00 look for further downside with 2739.00 & 2700.00 as targets.

Comment
The RSI is supported by a rising trend line.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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