GER30 - Intraday - We look to Sell a break of 14566 (stop at 14624) Trend line support is located at 14590. Bespoke support is located at 14570. A break of 14570 is needed to confirm follow through negative momentum. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. Our outlook is bearish. Our...
GER30 - Intraday - We look to Sell a break of 14448 (stop at 14512) Price action has formed an expanding wedge formation. The trend of higher intraday lows has also been broken. Trading within a Bearish Channel formation. Trend line support is located at 14485. 20 4hour EMA is at 14486. A break of bespoke support at 14470, and the move lower is already...
I want to see a slight push before we sell off aggressively into the target level marked. I have marked out the level I will be taking partial profits at as well as the SL placement.
GER30 - Intraday - We look to Sell at 14064 (stop at 14131) Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. Pivot resistance is at 14072. We look for a temporary move higher. A shooting star has been posted as prices reject the higher levels. Our profit targets will...
in correlation with NAS100s downtrend, GER30 might be lagging and this structure may make the main move.
GER30 - Intraday - We look to Sell at 13909 (stop at 13981) 20 4hour EMA is at 13900. Short term indicators have turned negative. Trading close to the psychological 14000 level. Preferred trade is to sell into rallies. The previous swing high is located at 13900. Our profit targets will be 13682 and 13582 Resistance: 13900 / 14000 / 14100 Support: 13800...
GER30 - Intraday - We look to Sell at 14099 (stop at 14181) Trend line resistance is located at 14100. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Bespoke resistance is located at 14100. The trend of higher lows is located at 14100. Preferred trade is to sell into rallies. Our profit targets will be...
Since the beginning of the year, the German Index consolidated above its previous ATH. At this point, it seems like a correction is just around the corner and Dax can take a dive to 12500 Selling rallies in this anticipation can have a great R:R
GER30 - Intraday - We look to Sell a break of 13887 (stop at 13975) Daily signals for sentiment are at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. A higher correction is expected. A move through 13900 will confirm the bearish momentum. A bearish Head and Shoulders has formed. Our...
We've a clear head and shoulder confirmation on DE30
Sell a break at 13988. Overbought extremes early optimism is likely to lead to gain allthrough extended attempts higher are expected to fail. A higher correction is expected. A move through 14000 will confirm the bearish momentum. Support 14000 Resistance 14100. Entry 13988 Sl 14066 Tp 13706
It's sitting on .618 Fib retracement. it's painting a minor broken support on smaller timeframe. that's our entry.
GER30 - Intraday - We look to Sell a break of 13818 (stop at 13889) We are trading at overbought extremes. Rallies should be capped by yesterday's high. A bearish Head and Shoulders is forming. We look for losses to be extended today. A higher correction is expected. Our profit targets will be 13606 and 13511 Resistance: 14000 / 14100 / 14200 Support:...
GER30 - Intraday - We look to Sell a break of 13854 (stop at 13931) We are trading at overbought extremes. A higher correction is expected. A break of 13850 is needed to confirm follow through negative momentum. With signals for sentiment at overbought extremes, the rally could not be extended. allies should be capped by yesterday's high. The RSI is trending...
GER30 - Intraday - We look to Sell at 13898 (stop at 13977) We are trading at overbought extremes. A higher correction is expected. A break of 13660 is needed to confirm follow through negative momentum. With signals for sentiment at overbought extremes, the rally could not be extended. Rallies should be capped by yesterday's high. The RSI is trending lower. A...
GER30 - Intraday - We look to Sell a break of 13759 (stop at 13831) We are trading at overbought extremes. A higher correction is expected. A break of 13770 is needed to confirm follow through negative momentum. With signals for sentiment at overbought extremes, the rally could not be extended. Our profit targets will be 13543 and 13413 Resistance: 13900 /...