Little Rebound
...but where does it end?
The index is faced by several resist-levels:
- 200 SMA & EMA @ 17.750/17.676
-Fibo-retracements 38,2/0,5/61,8 : 17.679/17.7656/17.851
- Breakoutlevel @ 17.635
-old neckline @ 17.775
prices above 17.765 turn the chart again bullish with TP @ mentioned fibos or tradingbox upper edge @ 18.280
prices below this level generate short signals
The index is faced by several resist-levels:
- 200 SMA & EMA @ 17.750/17.676
-Fibo-retracements 38,2/0,5/61,8 : 17.679/17.7656/17.851
- Breakoutlevel @ 17.635
-old neckline @ 17.775
prices above 17.765 turn the chart again bullish with TP @ mentioned fibos or tradingbox upper edge @ 18.280
prices below this level generate short signals
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