Stocks Analysis by Investing.com (Damian Nowiszewski) covering: S&P 500, DAX, NASDAQ Composite. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Any potential pullback in S&P 500 and Nasdaq could present buying opportunities.Unlock access to InvestingPro’s AI-selected stock winners for under $9 a month!are flirting with record highs. The former has already set new all-time highs of late, while the latter is just shy of its breakthrough.
In both indices, the bulls are firmly in charge, but technical signals suggest traders should stay alert for potential pullbacks that may offer strategic buying opportunities.Last week’s analysis pointed to the possibility of new highs for the Nasdaq, and the outlook remains the same. Although the index hasn't quite hit its target, growth is still the dominant theme.
In a scenario where the DAX experiences a short-term pullback, traders should focus on the support level around 19,000 points.
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