We see stocks moving higher now, with DAX breaking to a new high, probably in wave 5 which means that upside can be limited about we already talked yesterday. There is 61.8% Fib. level that can cause a potential turn from around 12700. E-mini S&P500 is looking weaker than Dax for the last few days so fall can be much stronger on that one when both hits resistances. Ideally, E-mini S&P500 will slow down at 2690/2700 area.
German dax, 1h
S&P500, 30Min
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