SP 500 intraday: Key resistance at 3232.00

DAX: Under pressure

Stay on top of the markets with Swissquote’s News & Analysis

Pivot (invalidation): 12948.00

Our preference
Short positions below 12948.00 with targets at 12810.00 & 12690.00 in extension.

Alternative scenario
Above 12948.00 look for further upside with 13067.00 & 13215.00 as targets.

Comment
The RSI is bearish and calls for further downside

S&P 500: Key resistance at 3232.00

Pivot (invalidation): 3232.00

Our preference
Short positions below 3232.00 with targets at 3198.00 & 3173.00 in extension.

Alternative scenario
Above 3232.00 look for further upside with 3254.00 & 3277.00 as targets.

Comment
The RSI is mixed.