DE30 Sell the downtrend.
Updated
GER30 - Intraday - We look to Sell at 15669 (stop at 15715)
Trend line resistance is located at 15570.
Bespoke resistance is located at 15670.
Pivot resistance is at 15675.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Our profit targets will be 15551 and 15531
Resistance: 15550 / 15600 / 15670
Support: 15500 / 15470 / 15430
Trend line resistance is located at 15570.
Bespoke resistance is located at 15670.
Pivot resistance is at 15675.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Our profit targets will be 15551 and 15531
Resistance: 15550 / 15600 / 15670
Support: 15500 / 15470 / 15430
Trade closed manually
Closed at breakeven.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.