DE30 Sell a Break setup.
Updated
GER30 - Intraday - We look to Sell a break of 13559 (stop at 13669)
Daily signals for sentiment are at overbought extremes.
A higher correction is expected.
We look for losses to be extended today.
A break of 13560 is needed to confirm follow through negative momentum.
Pivot support is at 13220.
Our profit targets will be 13252 and 13151
Resistance: 13730 / 13900 / 14000
Support: 13560 / 13420 / 13200
Daily signals for sentiment are at overbought extremes.
A higher correction is expected.
We look for losses to be extended today.
A break of 13560 is needed to confirm follow through negative momentum.
Pivot support is at 13220.
Our profit targets will be 13252 and 13151
Resistance: 13730 / 13900 / 14000
Support: 13560 / 13420 / 13200
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