GER40 Sell the resistance.
Diupdate
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
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
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