DAX stumbles at 13,000
The steady upward progress of the DAX has been interrupted, faltering around 13,000, but the overall trend is still intact.
The trendline from the lows of April would suggest possible support around 12,800. Above 13,054 the price will head towards 13,240 and then on to 13,600.
S&P 500 builds on recent breakout
S&P 500 bulls will have been delighted that last week saw the index break the descending trendline from the January high.
The next major target comes in at 2789, while a pullback towards 2700 may see the trendline tested from above and offer another opportunity for longs.