DAX

Further advance.

DAX

 


 

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Pivot (invalidation): 13175.00

Our preference
Long positions above 13175.00 with targets at 13300.00 & 13335.00 in extension.

Alternative scenario
Below 13175.00 look for further downside with 13105.00 & 13050.00 as targets.

Comment
The RSI is bullish and calls for further upside.

 

SP 500

Further advance.

SP500

Pivot (invalidation): 3150.00

Our preference
Long positions above 3150.00 with targets at 3176.25 & 3190.00 in extension.

Alternative scenario
Below 3150.00 look for further downside with 3132.00 & 3119.00 as targets.

Comment
The RSI advocates for further advance.

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.

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