DAX Intraday: Under pressure

Swissquote Bank Research Team Swissquote Bank Ltd

DAX

Under pressure.

Stay on top of the markets with Swissquote’s News & Analysis

Pivot (invalidation): 10960.00

Our preference
Short positions below 10960.00 with targets at 10730.00 & 10610.00 in extension.

Alternative scenario
Above 10960.00 look for further upside with 11060.00 & 11160.00 as targets.

Comment
The RSI is bearish and calls for further downside.

S&P 500

Further advance.

Pivot (invalidation): 2648.00

Our preference
Long positions above 2648.00 with targets at 2731.00 & 2760.00 in extension.

Alternative scenario
Below 2648.00 look for further downside with 2621.00 & 2602.00 as targets.

Comment
The RSI is bullish and calls for further upside.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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