SP 500 intraday: Bullish bias above 3218.00
DAX: Intraday support around 12810.00
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 12810.00
Our preference
Long positions above 12810.00 with targets at 12948.00 & 13067.00 in extension.
Alternative scenario
Below 12810.00 look for further downside with 12690.00 & 12530.00 as targets.
Comment
A support base at 12810.00 has formed and has allowed for a temporary stabilisation.
SP 500: Bullish bias above 3218.00
Pivot (invalidation): 3218.00
Our preference
Long positions above 3218.00 with targets at 3254.00 & 3277.00 in extension.
Alternative scenario
Below 3218.00 look for further downside with 3198.00 & 3173.00 as targets.
Comment
The RSI shows upside momentum.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-