GER40 - 24h expiry
Daily signals are bullish.
We are trading at overbought extremes.
Short-term momentum is bearish.
A lower correction is expected.
The 1-day moving average should provide support at 15980.
The sequence for trading is higher highs and lows.
We look to Buy at 15981 (stop at 15896)
Our profit targets will be 16191 and 16241
Resistance:...
GER40 - 24h expiry
Price action continues to trade around the all-time highs.
Daily signals for sentiment are at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A higher correction is expected.
A break of the recent low at 16190 should result in a further move lower.
We look to Sell...
GER40 - 24h expiry - We look to Sell a break of 15529 (stop at 15649)
We are trading at overbought extremes.
Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
The bearish engulfing candle on the daily chart is...
GER40 - 24h expiry -
We are trading at overbought extremes.
Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
Although the bulls are...
GER40 -
Our short term bias remains negative.
We are trading at overbought extremes.
Trend line resistance is located at 15350.
Short term momentum is bullish.
Prices expected to stall near trend line resistance.
24h expiry - We look to Sell at 15359 (stop at 15479)
Our profit targets will be 15059 and 15009
Resistance: 15200 / 15300 / 15400
Support:...
GER40 -
We are trading at overbought extremes.
Short term bias has turned negative.
A higher correction is expected.
News events could adversley affect the short term technical picture.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
24h expiry - We look to Sell at 15466 (stop at 15586)
Our profit targets...
GER40 - Intraday -
Short term oscillators have turned negative.
The trend of higher intraday lows has also been broken.
The sequence for trading is lower lows and highs.
Preferred trade is to sell into rallies.
50 4hour EMA is at 15242.
We look to Sell at 15229 (stop at 15329)
Our profit targets will be 14979 and 14939
Resistance: 15000 / 15120 /...
GER40 - Intraday - We look to Buy at 15282 (stop at 15202)
Daily signals are bullish.
The bullish engulfing candle on the 4 hour chart the positive for sentiment. Preferred trade is to buy on dips.
20 1day EMA is at 15340.
Support is located at 15300 and should stem dips to this area.
Our profit targets will be 15482 and 15522
Resistance: 15556 / 15630 /...
GER40 - Intraday - We look to Sell a break of 15279 (stop at 15359)
Overbought signals and exhaustion indicators offer fair reason to sell the index but we prefer to see a break of support before fading this impressive move.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Short term indicators have turned...
GER40 - Intraday - We look to Buy at 15275 (stop at 15195)
Daily signals are bullish.
Short term momentum is bearish.
20 1day EMA is at 15305.
Bespoke support is located at 15300.
We expect prices to stall close to our bespoke level (15300).
Our profit targets will be 15475 and 15515
Resistance: 15500 / 15580 / 15660
Support: 15400 / 15350 / 15300
Risk...
GER40 - Intraday - We look to Buy at 15252 (stop at 15172)
The trend of lower lows is located at 15250. 15243 has been pivotal.
Preferred trade is to buy on dips.
20 1day EMA is at 15250.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 15452 and 15492
Resistance: 15400 / 15480 / 15510
Support: 15350 /...
GER40 - Intraday - We look to Sell a break of 15029 (stop at 15119)
We are trading at overbought extremes.
A higher correction is expected.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower...
GER40 - Intraday - We look to Buy at 15041 (stop at 14961)
Traded to the highest level in 46 weeks.
We are trading at overbought extremes.
A lower correction is expected.
20 4 hour EMA is at 15035.
We look to buy dips.
Our profit targets will be 15241 and 15281
Resistance: 15200 / 15300 / 15400
Support: 15050 / 14950 / 14900
Risk Disclaimer
The trade...
GER40 - Intraday - We look to Buy at 14505 (stop at 14419)
Our short term bias remains positive.
We look to buy dips.
20 4hour EMA is at 14490.
Traded to the highest level in 40 weeks.
Our profit targets will be 14705 and 14745
Resistance: 14718 / 14750 / 14800
Support: 14600 / 14500 / 14400
Risk Disclaimer
The trade ideas beyond this page are for...
GER40 - Intraday - We look to Sell at 14582 (stop at 14677)
We are trading at overbought extremes.
Bespoke resistance is located at 14600.
The hourly chart technicals suggests further upside before the downtrend returns.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bearish divergence is expected to cap...
GER40 - Intraday - We look to Buy at 13867 (stop at 13787)
Levels below 13860 continue to attract buyers.
Trading has been mixed and volatile.
Expect trading to remain mixed and volatile.
A lower correction is expected.
Our profit targets will be 14066 and 14096
Resistance: 14083 / 14160 / 14200
Support: 14000 / 13960 / 13860
Risk Disclaimer
The trade...
GER40 - Intraday - We look to Buy at 13909 (stop at 13829)
Levels below 13850 continue to attract buyers.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
50 1 day EMA is at 13900.
We look to buy dips.
Our profit targets will be 14109 and 14149
Resistance: 14000 / 14100 /...
GER40 - Intraday - We look to Sell a break of 13838 (stop at 13931)
Our short term bias remains negative.
There is no clear indication that the downward move is coming to an end.
We look for losses to be extended today.
50 1day EMA is at 13900.
A break of the recent low at 13839 should result in a further move lower.
Further downside is expected and we...
