GER40 Sell a break setup.
GER40 - Intraday - We look to Sell a break of 12729 (stop at 12802)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 17230 should result in a further move lower.
Our short term bias remains negative.
Our profit targets will be 12541 and 12501
Resistance: 12900 / 13000 / 13100
Support: 12800 / 12700 / 12616
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 17230 should result in a further move lower.
Our short term bias remains negative.
Our profit targets will be 12541 and 12501
Resistance: 12900 / 13000 / 13100
Support: 12800 / 12700 / 12616
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