SP 500 intraday: Bullish bias above 3362.00

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DAX: Bullish bias above 13050.00


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Pivot (invalidation): 13050.00

Our preference
Long positions above 13050.00 with targets at 13339.00 & 13460.00 in extension.

Alternative scenario
Below 13050.00 look for further downside with 12930.00 & 12754.00 as targets.

Comment
The RSI lacks momentum.

SP 500: Bullish bias above 3362.00

Pivot (invalidation): 3362.00

Our preference
Long positions above 3362.00 with targets at 3452.00 & 3500.00 in extension.

Alternative scenario
Below 3362.00 look for further downside with 3310.00 & 3259.00 as targets.

Comment
The RSI is mixed to bullish.