DAX Intraday: Support around 11480.00

DAX

Intraday support around 11480.00.


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DAX

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.

SP500

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.

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.