DE30 Sell the downtrend.
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GER30 - Intraday - We look to Sell at 15424 (stop at 15481)
The trend of lower highs is located at 15420.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 15269 and 15239
Resistance: 15300 / 15350 / 15430
Support: 15200 / 15150 / 15080
The trend of lower highs is located at 15420.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 15269 and 15239
Resistance: 15300 / 15350 / 15430
Support: 15200 / 15150 / 15080
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Closed flat.
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