DAX

Further upside.

DAX


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Pivot (invalidation): 13230.00

Our preference
Long positions above 13230.00 with targets at 13330.00 & 13390.00 in extension.

Alternative scenario
Below 13230.00 look for further downside with 13180.00 & 13120.00 as targets.

Comment
The RSI is bullish and calls for further advance.

 

SP500

Under pressure.

SP500

Pivot (invalidation): 3098.00

Our preference
Short positions below 3098.00 with targets at 3076.00 & 3065.00 in extension.

Alternative scenario
Above 3098.00 look for further upside with 3109.00 & 3117.00 as targets.

Comment
The RSI is bearish and calls for further downside.

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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