GER40 Sell into a rally.
GER40 - Intraday - We look to Sell at 14118 (stop at 14201)
Daily signals are bearish.
50 1day EMA is at 14080.
Bespoke resistance is located at 14100.
Preferred trade is to sell into rallies.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 13918 and 13868
Resistance: 13900 / 14000 / 14100
Support: 13800 / 13700 / 13600
Daily signals are bearish.
50 1day EMA is at 14080.
Bespoke resistance is located at 14100.
Preferred trade is to sell into rallies.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 13918 and 13868
Resistance: 13900 / 14000 / 14100
Support: 13800 / 13700 / 13600
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