DAX could see 10,815
Caution is the watchword here today, in case Mario Draghi unveils any surprises. However, here too the rally goes on, with the price pushing above the August closing highs around 10,730.
The next target would be the intraday August peak at 10,815, while above this the late December highs at 10,885 come into play. This week dips towards 10,660 brought out the buyers, while below this the next target is 10,500 for the DAX.
S&P 500 could drop to 2150
US futures are nudging back to their August highs, with a breakout looking likely should the price manage to clamber through 2195.
Dips down towards 2166 should find support, while a drop through 2150 would signal that a bigger sell-off is underway for S&P 500.