GER40 Sell into a rally.
Updated
GER40 - Intraday - We look to Sell at 14078 (stop at 14191)
Daily signals are bearish.
Bespoke resistance is located at 14100.
Trading close to the psychological 14000 level.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
20 1day EMA is at 14000.
Our profit targets will be 13802 and 13702
Resistance: 14000 / 14100 / 14200
Support: 13800 / 13600 / 13300
Daily signals are bearish.
Bespoke resistance is located at 14100.
Trading close to the psychological 14000 level.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
20 1day EMA is at 14000.
Our profit targets will be 13802 and 13702
Resistance: 14000 / 14100 / 14200
Support: 13800 / 13600 / 13300
Trade closed: target reached
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