DE40trading below support 14110 and testing 14060 support at the moment. Support Levels: 14110, 14060, 14040, and 14,000
Resistance Levels: 14,110, 14,133, 14,140, 14,150, and 14,160
Seems like a sideways market today!
Possible Options Strategies:
1) Iron Condor
2) Iron Butterfly
3) Short Strangle
4) Short Straddle
Good Luck!
Note
Today's Resistances:14,225
14,245
14,260
Note
14,235 is a resistance as well, With so many close together resistance levels, I doubt DAX will breakout above the April 11th high.
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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.