DE30 Sell the previous support.
Updated
GER30 - Intraday - We look to Sell at 15695 (stop at 15742)
Short term bias has turned negative.
Trend line resistance is located at 15700.
Pivot resistance is at 15705.
Previous support, now becomes resistance at 15700.
50 4hour EMA is at 15718.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 15561 and 15541
Resistance: 15650 / 15700 / 15750
Support: 15650 / 15600 / 15550
Short term bias has turned negative.
Trend line resistance is located at 15700.
Pivot resistance is at 15705.
Previous support, now becomes resistance at 15700.
50 4hour EMA is at 15718.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 15561 and 15541
Resistance: 15650 / 15700 / 15750
Support: 15650 / 15600 / 15550
Trade active
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