GER40 - Intraday - We look to Buy at 14481 (stop at 14399)
We are trading at overbought extremes.
There is no clear indication that the upward move is coming to an end.
Daily signals are bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 4hour EMA is at 14478.
Our profit...
GER40 - Intraday - We look to Buy at 12452 (stop at 12359)
With signals for sentiment at oversold extremes, the dip could not be extended.
Weekly pivot is at 12426.
Weekly pivot is at 12374.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at...
RSI - SMA is close to signaling a "buy". If the price stays the same or higher by end of the day. If this happens target is the upper triangle line (blue line) and the second target will be around 15950 points.
What do we don't want to see for confirming our "long strategy": A closing below the SMA (9)
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🚀 Follow for...
GER40 - Intraday - We look to Buy a break of 15851 (stop at 15769)
Daily signals are mildly bullish.
A break of yesterdays high would confirm bullish momentum.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 16097 and 16127
Resistance: 15800 / 15850 / 15900
Support: 15700 / 15650 / 15600
