SP500 Intraday: continuation of the rebound
|DAX
Towards 11730.00.
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Pivot (invalidation): 11445.00
Our preference
Long positions above 11445.00 with targets at 11620.00 & 11730.00 in extension.
Alternative scenario
Below 11445.00 look for further downside with 11350.00 & 11265.00 as targets.
Comment
The RSI calls for a rebound.
S&P 500
Continuation of the rebound.
Pivot (invalidation): 2864.00
Our preference
Long positions above 2864.00 with targets at 2917.00 & 2942.00 in extension.
Alternative scenario
Below 2864.00 look for further downside with 2825.25 & 2798.50 as targets.
Comment
The RSI is bullish and calls for further advance.
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