GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 14118 (stop at 14201)
Daily signals are bearish.
50 1day EMA is at 14080.
Bespoke resistance is located at 14100.
Preferred trade is to sell into rallies.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 13918 and 13868
Resistance: 13900 / 14000 / 14100
Support: 13800 / 13700 / 13600
De40short
GER40 Sell a break setup.GER40 - Intraday - We look to Sell a break of 13479 (stop at 13561)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 13483 should result in a further move lower.
Our outlook is bearish.
Our profit targets will be 13281 and 13231
Resistance: 13650 / 13720 / 13800
Support: 13500 / 13400 / 13270
GER40 Sell into a swing high.GER40 - Intraday - We look to Sell at 14149 (stop at 14231)
Daily signals are mildly bearish.
The previous swing high is located at 14162.
14189 has been pivotal.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 13941 and 13901
Resistance: 14100 / 14150 / 14200
Support: 14000 / 13950 / 13900
GER40 Sell the channel trend line.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 Buy the 50EMA.GER40 - Intraday - We look to Buy at 14474 (stop at 14394)
Short term bias is bullish.
There is no clear indication that the upward move is coming to an end.
50 4hour EMA is at 14460.
We look to buy dips.
Our profit targets will be 14674 and 14714
Resistance: 14700 / 14800 / 14900
Support: 14600 / 14500 / 14400
GER40 Sell a break of pivotal value.GER40 - Intraday - We look to Sell a break of 14319 (stop at 14404)
Daily signals are mildly bearish.
14323 has been pivotal.
A break of the recent low at 14323 should result in a further move lower.
Short term bias has turned negative.
Our profit targets will be 14111 and 14071
Resistance: 14400 / 14500 / 14600
Support: 14300 / 14180 / 14105
GER40 Sell a break setup.GER40 - Intraday - We look to Sell a break of 14178 (stop at 14276)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
50 4hour EMA is at 14230.
The bearish engulfing candle on the daily chart is negative for sentiment.
Our profit targets will be 13931 and 13841
Resistance: 14380 / 14500 / 14580
Support: 14180 / 14100 / 14000
GER40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 14561 (stop at 14469)
Short term bias is bullish.
14556 has been pivotal.
A break of the recent high at 14556 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 14788 and 14848
Resistance: 14400 / 14550 / 14800
Support: 14250 / 14100 / 14000
GER40 Sell a break of recent low.GER40 - Intraday - We look to Sell a break of 14197 (stop at 14294)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Previous support at 14300 now becomes resistance.
A break of the recent low at 14220 should result in a further move lower.
Our profit targets will be 13951 and 13901
Resistance: 14400 / 14500 / 14700
Support: 14200 / 13950 / 13800
GER40 Sell the previous support.GER40 - Intraday - We look to Sell at 13749 (stop at 13841)
Our bespoke support of 13800 has been clearly broken.
Previous support at 13800 now becomes resistance.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Our profit targets will be 13505 and 13455
Resistance: 13500 / 13600 / 13800
Support: 13300 / 13150 / 13000
GER40 Sell the 20 EMA.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 Sell the resistance.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 / 14300
Support: 13700 / 13500 / 13300
DE40 Buy the 0.786 Retracement.GER40 - Intraday - We look to Buy at 15061 (stop at 14984)
The previous swing low is located at 15056.
15056 has been pivotal.
We have a 78.6% Fibonacci pullback level of 15029 from 15737 to 14836.
Support is located at 15050 and should stem dips to this area.
Our profit targets will be 15255 and 15295
Resistance: 15200 / 15300 / 15400
Support: 15100 / 15050 / 15000
GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 15522 (stop at 15597)
Daily signals are bearish.
We look for a temporary move higher.
15583 has been pivotal.
Preferred trade is to sell into rallies.
Our profit targets will be 15311 and 15261
Resistance: 15400 / 15500 / 15600
Support: 15300 / 15200 / 15100