DAX intraday: The bias remains bullish
DAX: The bias remains bullish
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Pivot (invalidation): 12940.00
Our preference
Long positions above 12940.00 with targets at 13090.00 & 13230.00 in extension.
Alternative scenario
Below 12940.00 look for further downside with 12811.00 & 12690.00 as targets.
Comment
The RSI is bullish and calls for further advance.
SP 500: The upside prevails
Pivot (invalidation): 3233.00
Our preference
Long positions above 3233.00 with targets at 3270.00 & 3298.00 in extension.
Alternative scenario
Below 3233.00 look for further downside with 3198.00 & 3163.00 as targets.
Comment
The RSI shows upside momentum.
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