DE30EUR CFD is currently trading under the 50 m.a which would suggest there could be downside momentum if it holds below the 50 m.a.If it fails to break the 12195.9 priceline i'll be going short til 11944.5 . The 11944.5 PL is important as it failed to break last August so it should be interesting to see if it will hold or breakthrough it. Im not ruling out any upside movements but it seems more bearish than bullish from my analysis. Lastly DE30EUR could trend in a channel (red lines)if so please take note of the bearish flag .