Alle Mรคrkte bei TradingView verfolgen Introduction: Welcome to our today's technical analysis of financial markets! We begin with an overview of the S&P 500 in the daily chart and the DAX. Let's delve into the current developments and potential trading opportunities. S&P 500 in the Daily Chart: At the end of the previous year, the S&P 500 returned to the 10-day EMA and successfully defended it, similar to the previous weeks. As long as this support holds, it suggests further upward movements. A possible uptrend could target the high at 4797 points or the resistance at 4800 points. A breakthrough above 4800 points could set the next target at 4820 points. However, a sustained drop below the 10-day EMA could generate an initial short signal, with the next support at 4700 points. Despite January being seasonally strong for the S&P 500, a longer correction is possible after the extended uptrend. DAX in the Daily Chart: The DAX also defended the 10-day EM
LWCapM-International
Since 2016 | Specializing in crypto investments, trading & real estate ๐๐ | Innovative, future-oriented, and customized financial strategies ๐๐ผ | (In German: www.lwcapm.blogspot.com)