GER40 - Intraday - We look to Buy at 12811 (stop at 12748) Expect trading to remain mixed and volatile. Previous resistance at 12800 now becomes support. We look to buy dips. 50 4hour EMA is at 12790. Our profit targets will be 12964 and 12994 Resistance: 13000 / 13100 / 13200 Support: 12900 / 12800 / 12700
GER40 - Intraday - We look to Sell at 12899 (stop at 12974) Daily signals are bearish. Bespoke resistance is located at 12900. Preferred trade is to sell into rallies. There is no clear indication that the downward move is coming to an end. Our profit targets will be 12704 and 12654 Resistance: 12800 / 12900 / 13000 Support: 12700 / 12600 / 12500
GER40 - Intraday - We look to Buy at 14421 (stop at 14344) Daily signals are mildly bullish. Our short term bias remains positive. 50 4hour EMA is at 14430. We look to buy dips. Trend line support is located at 14410. Our profit targets will be 14608 and 14648 Resistance: 14600 / 14640 / 14700 Support: 14500 / 14400 / 14300
GER40 - Intraday - We look to Sell at 13799 (stop at 13881) There is no indication that the selloff is coming to an end. We look for a temporary move higher. We have a Gap open at Monday from 13800 to 13700. Our outlook is bearish. Our profit targets will be 13601 and 13551 Resistance: 13600 / 13700 / 13800 Support: 13500 / 13400 / 13300
GER40 - Intraday - We look to Buy at 14401 (stop at 14319) Daily signals are mildly bullish. Our short term bias remains positive. 50 4hour EMA is at 14383. We look to buy dips. Price action has formed a bullish ascending triangle formation. Our profit targets will be 14598 and 14638 Resistance: 14600 / 14640 / 14700 Support: 14500 / 14400 / 14300
GER40 - Intraday - We look to Buy at 14276 (stop at 14199 ) 50 4hour EMA is at 14272. Our short term bias remains positive. We look for a temporary move lower. Previous resistance at 14300 now becomes support. 14276 has been pivotal. Our profit targets will be 14459 and 14499 Resistance: 14500 / 14600 / 14700 Support: 14400 / 14300 / 14200
GER40 - Intraday - We look to Buy at 14411 (stop at 14339) Our short term bias remains positive. We look to buy dips. 20 4hour EMA is at 14411. A lower correction is expected. Our profit targets will be 14588 and 14628 Resistance: 14600 / 14700 / 14800 Support: 14500 / 14400 / 14300
GER40 - Intraday - We look to Buy a break of 14316 (stop at 14248) 14314 has been pivotal. Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. Short term bias is bullish. Our profit targets will be 14488 and 14528 Resistance: 14300 / 14400 / 14500 Support: 14200 / 14100 / 14000
GER40 - Intraday - We look to Buy at 13811 (stop at 13727) Short term bias has turned positive. 50 4hour EMA is at 13804. 13799 has been pivotal. We look to buy dips. Our profit targets will be 14024 and 14074 Resistance: 14000 / 14070 / 14140 Support: 13900 / 13850 / 13800
GER40 - Intraday - We look to Buy a break of 14251 (stop at 14177) Short term momentum is bullish. A break of yesterdays high would confirm bullish momentum. 20 1day EMA is at 14224. Morning dips were bought into in front of yesterday's support level (14000) and follow through bullish momentum resulted in all the initial down move being overturned. Our...
GER40 - Intraday - We look to Sell at 14176 (stop at 14251) Daily signals are mildly bearish. 50 4hour EMA is at 14175. Trading within a Corrective Channel formation. Trend line resistance is located at 14175. Our profit targets will be 13981 and 13921 Resistance: 14100 / 14200 / 14250 Support: 14030 / 13960 / 13900
GER40 - Intraday - We look to Sell at 14248 (stop at 14321) Our short term bias remains negative. Preferred trade is to sell into rallies. 20 1day EMA is at 14230. Our profit targets will be 14048 and 13988 Resistance: 14250 / 14320 / 14400 Support: 14100 / 14000 / 13900
GER40 - Intraday - We look to Sell at 14093 (stop at 14204) Daily signals are bearish. Trend line resistance is located at 14100. Bespoke resistance is located at 14100. 14094 has been pivotal. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Our profit targets will be 13808 and 13738 Resistance: 14000 /...
GER40 - Intraday - We look to Sell at 13028 (stop at 13153) Daily signals are bearish. Rallies continue to attract sellers. Price action produced another negative day, yesterday. Preferred trade is to sell into rallies. 20 4hour EMA is at 13060. Our profit targets will be 12707 and 12627 Resistance: 12700 / 12850 / 13000 Support: 12600 / 12430 / 12200
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...
GER40 - Intraday - We look to Sell at 13969 (stop at 14101) Daily signals are bearish. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 20 1day EMA is at 13900. We look for a temporary move higher. Our profit targets will be 13626 and 13536 Resistance: 13950 / 14100 /...
GER40 - Intraday - We look to Buy a break of 15276 (stop at 15204) We are trading at oversold extremes. A break of 15270 is needed to confirm follow through bullish momentum. 20 4hour EMA is at 15470. We look for a temporary move higher. A lower correction is expected. Our profit targets will be 15477 and 15517 Resistance: 15270 / 15400 / 15500 Support:...
GER40 - Intraday - We look to Buy at 15821 (stop at 15757) Daily signals are mildly bullish. Short term momentum is bullish. Previous resistance, now becomes support at 15800. 20 4hour EMA is at 15820. We look to buy dips. There is no clear indication that the upward move is coming to an end. Our profit targets will be 15997 and 16017 Resistance: 15900...